How to Buy Spectral Ai Stock
Spectral Ai Inc
Spectral AI, Inc. operates as an artificial intelligence (AI) company. The company focuses on medical diagnostics for faster and accurate treatment decisions in wound care with applications involving patients with burns and diabetic foot ulcers.
Spectral Ai stock last closed at $2.10, up 2.94% from the previous day, and has decreased 20.45% in one year. It has underperformed other stocks in the Medical Devices industry by 0.08 percentage points. Spectral Ai stock is currently +154.85% from its 52-week low of $0.82, and -43.55% from its 52-week high of $3.72.
There are currently 18.59M shares of MDAI outstanding. The market value of MDAI is $39.03M. In the last 24 hours, 1.78M MDAI shares were traded.
How to Buy Spectral Ai Stock
Not sure how to invest in Spectral Ai stock? Here's how.
- Decide where to buy Spectral Ai stock: You need to choose a stock brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you decide where to buy Spectral Ai stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit funds into your investment account: Choose your payment method and add your information.
- Analyze Spectral Ai stock: The Spectral Ai ticker symbol is MDAI. Is Spectral Ai stock a good investment? Should you buy shares of MDAI? How do MDAI's underlying business fundamentals look? Do top analysts think Spectral Ai is a good buy? Why has MDAI's stock price moved recently? (Hint: Our stock market research tools can help you evaluate if MDAI is a good stock to buy).
- Place your MDAI purchase: Decide if you will purchase MDAI shares at the current market price or use a limit order to purchase MDAI shares at a given price.
- Monitor your MDAI position: Create a watchlist to key updates about your investment in Spectral Ai shares.
Step 1: Decide where to buy Spectral Ai stock
You need an online brokerage account in order to access the NASDAQ market and buy MDAI shares.
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Get $10 towards your purchase of shares by signing up for an account with eToro now.
Open eToro AccountStep 2: Create a brokerage account
Now that you've selected your brokerage, you need to fill out some personal information so you are able to invest in MDAI stock today.
How to Set Up a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to open a new trading account.
- Submit your application by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you have opened your account on apps for stocks, your next step is to transfer the money for your investment:
Check out the video below for more details depositing funds into your investment account.
Step 4: Analyze Spectral Ai stock
Once you have decided on the best place to buy Spectral Ai stock, it's absolutely critical to research their stock before you invest, so you can understand the risk as well as the opportunity.
Spectral Ai stock quick numbers
Spectral Ai Due Diligence Score
WallStreetZen was created to help everyday investors do better fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on MDAI's stock page.
How is MDAI stock valued?
You can use many financial metrics, analyses, models, and charts to gauge MDAI's true value.
You can do additional valuation analysis on MDAI's stock here.
MDAI Financial Summary
Signs that MDAI is financially healthy:
- There are more short-term assets than long-term liabilities on the MDAI balance sheet.
Signs that MDAI is not financially healthy:
- Total MDAI debt is still negative.
- MDAI has $3.70M in cash and short term investments. This is not enough to cover its annual cash burn of $12.04M.
- MDAI debt to equity ratio of -3.68 is negative.
- There are more short-term liabilities than short-term assets on the MDAI balance sheet.
- MDAI has cash burn of 12043000. It does not have enough cash and short-term investments to cover this.
- MDAI profit margin has gone up by 0.6 percentage points in the past year, but the company is still unprofitable.
Do Wall Street analysts think it's a good time to buy Spectral Ai stock
Out of 2 Wall Street analysts who give forecasts on MDAI, the consensus analyst rating on Spectral Ai is a Buy
Please note that analyst ratings are not recommendations, nor are they financial advice.
You can dig deeper into what analysts are saying on the Spectral Ai stock forecast page.
MDAI Momentum
MDAI Earnings
Last year, MDAI revenue was $27.26M. Over the past 2 year, MDAI's revenue has grown by -11.12% per year. This was slower than the Medical Devices industry average of 10.44%.
Dive into MDAI's earnings and revenue performance here.
Latest Insiders Trades at MDAI
In the last 12 months, insiders at MDAI have bought more shares than they have sold.
Erich Spangenberg, Director of MDAI, was the latest MDAI insider to buy. They bought $10,440.00 worth of MDAI shares on May 15, 2024.
Learn more about who owns MDAI shares here.
Does MDAI provide a stable income stream?
No, Spectral Ai doesn't provide an income stream by paying out dividends.
Get opinions from other investors
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Step 5: Place your MDAI purchase
There are two primary options:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are mostly the easiest way to buy. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a particular dollar amount limit, place a limit order.
Click the Open Trade button and eToro will execute the order.
If you need additional help buying stocks on eToro, click the helpful video below:
Step 6: Monitor your MDAI position
Now that you own some MDAI stock, you'll want to keep up with your new shares.
Start a watchlist to get notified of important updates regarding your MDAI stock.
MDAI Feed
How to Buy Stock in Spectral Ai
To summarize, here are the 6 steps to buy Spectral Ai stock:
- Decide where to buy Spectral Ai stock
- Create a brokerage account
- Deposit funds into your investment account
- Analyze Spectral Ai stock
- Place your MDAI purchase
- Monitor your MDAI position
If you require a place to buy stocks, eToro is our favorite option.
Get Started with eToro TodayIf you would like to get the latest scoop on your investment in Spectral Ai, click below.
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