MBody AI (NASDAQ:MBAI) Stock Price Down 6.8% – Here’s What Happened

MBody AI Ltd. (NASDAQ:MBAI – Get Free Report) traded down 6.8% on Thursday. The stock traded as low as $2.04 and last traded at $2.05. Approximately 16,866 shares changed hands during mid-day trading, a decline of 20% from the average session volume of 21,029 shares. The stock had previously closed at $2.20.

Analyst Ratings Changes

A number of research firms have recently issued reports on MBAI. Weiss Ratings restated a “sell (d-)” rating on shares of MBody AI in a research report on Tuesday, July 21st. Zacks Research upgraded MBody AI to a “hold” rating in a research report on Tuesday, September 29th. Finally, Northland Securities started coverage on shares of MBody AI in a research report on Monday, September 28th. They issued an “outperform” rating and a $10.00 target price on the stock. One research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $10.00.

Read Our Latest Analysis on MBAI

MBody AI Price Performance

The stock’s 50 day moving average is $5.21 and its two-hundred day moving average is $8.29. The stock has a market capitalization of $2.85 million, a PE ratio of -0.28 and a beta of 0.66.

MBody AI Company Profile

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