Spectral AI (NASDAQ:MDAIW) Stock Price Up 8.5% – Still a Buy?

Spectral AI, Inc. (NASDAQ:MDAIW – Get Free Report) shares rose 8.5% during mid-day trading on Friday. The stock traded as high as $0.45 and last traded at $0.4450. 21,264 shares were traded during trading, an increase of 67% from the average session volume of 12,753 shares. The stock had previously closed at $0.41.

Spectral AI Stock Performance

The company has a 50 day moving average of $0.50 and a 200-day moving average of $0.59.

About Spectral AI

(Get Free Report)

Spectral AI, Inc is a medical diagnostics company that develops artificial intelligence and machine-learning technologies to support faster, more objective wound-care decisions. The company combines multispectral imaging, proprietary algorithms and clinical data to assess tissue health and predict healing outcomes.

Its primary product is the DeepView System, a noninvasive imaging and predictive analytics platform designed to help clinicians evaluate burn wounds and determine which areas are likely to heal without surgical intervention.

Further Reading

Receive News & Ratings for Spectral AI Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Spectral AI and related companies with MarketBeat.com's FREE daily email newsletter.