Spectral AI, Inc. (NASDAQ:MDAIW – Get Free Report) rose 8.5% during mid-day trading on Friday. The stock traded as high as $0.45 and last traded at $0.4450. Approximately 21,264 shares changed hands during mid-day trading, an increase of 67% from the average daily volume of 12,753 shares. The stock had previously closed at $0.41.
Spectral AI Price Performance
The company’s 50 day simple moving average is $0.50 and its two-hundred day simple moving average is $0.59.
About Spectral AI
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.
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