Wall Street Zen upgraded shares of Scantech AI Systems (NASDAQ:STAI – Free Report) from a sell rating to a hold rating in a report issued on Thursday morning.
Scantech AI Systems Stock Performance
NASDAQ:STAI opened at $1.00 on Thursday. Scantech AI Systems has a 52 week low of $0.90 and a 52 week high of $5.20. The company has a fifty day moving average price of $1.75.
Institutional Trading of Scantech AI Systems
A number of institutional investors have recently bought and sold shares of the company. Goldman Sachs Group Inc. acquired a new stake in Scantech AI Systems during the 1st quarter worth about $39,000. MMCAP International Inc. SPC bought a new stake in shares of Scantech AI Systems during the 1st quarter valued at about $71,000. Finally, Polar Asset Management Partners Inc. acquired a new stake in Scantech AI Systems during the first quarter worth approximately $3,045,000. Institutional investors own 74.04% of the company’s stock.
Scantech AI Systems Company Profile
Scantech AI Systems, Inc engages in the innovation, emerging technology, and machine learning expertise. ScanTech specializes in developing advanced screening technology that provides the most accurate and fastest detection of prohibited materials. The company was founded on September 5, 2023 and is headquartered in Buford, GA.
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