Spectral AI (NASDAQ:MDAIW) Stock Price Down 17% – Here’s Why

Spectral AI, Inc. (NASDAQ:MDAIWGet Free Report)’s stock price was down 17% during mid-day trading on Tuesday . The company traded as low as $0.42 and last traded at $0.42. Approximately 44,865 shares traded hands during trading, a decline of 49% from the average daily volume of 88,433 shares. The stock had previously closed at $0.51.

Spectral AI Price Performance

The firm has a 50-day moving average price of $0.42 and a 200 day moving average price of $0.24.

About Spectral AI

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Spectral AI, Inc, an artificial intelligence (AI) company, focuses on developing predictive medical diagnostics in the United States. The company develops medical diagnostics for faster and accurate treatment decisions in wound care with applications involving patients with burns and diabetic foot ulcers.

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