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Understanding the Risks of Investing in Marpai Inc (MRAI)

Marpai Inc’s filing revealed that its Chief Executive Officer Lamendola Damien acquired Company’s shares for reported $1.5 million on Mar 07 ’24. In the deal valued at $1.65 per share,910,000 shares were bought. As a result of this transaction, Lamendola Damien now holds 2,861,306 shares worth roughly $6.24 million.

Then, Lamendola Damien bought 1,100,000 shares, generating $1,012,110 in total proceeds. Upon buying the shares at $0.92, the Chief Executive Officer now owns 1,951,306 shares.

Before that, EITAN YARON bought 210,000 shares. Marpai Inc shares valued at $193,221 were divested by the Director at a price of $0.92 per share. As a result of the transaction, EITAN YARON now holds 601,454 shares, worth roughly $1.31 million.

Price Performance Review of MRAI

On Tuesday, Marpai Inc [NASDAQ:MRAI] saw its stock jump 6.59% to $2.18. Over the last five days, the stock has lost -3.74%. Marpai Inc shares have risen nearly 24.86% since the year began. Nevertheless, the stocks have fallen -70.79% over the past one year. While a 52-week high of $4.72 was reached on 04/02/24, a 52-week low of $0.33 was recorded on 01/17/24. SMA at 50 days reached $1.89, while 200 days put it at $1.40. A total of 0.26 million shares were traded, compared to the trading of 85700.0 shares in the previous session.

Levels Of Support And Resistance For MRAI Stock

The 24-hour chart illustrates a support level at 1.85, which if violated will result in even more drops to 1.51. On the upside, there is a resistance level at 2.43. A further resistance level may holdings at 2.67. The Relative Strength Index (RSI) on the 14-day chart is 50.12, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.18, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 64.23%. Stochastics %K at 19.83% indicates the stock is a buying.

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