Avantax Planning Partners Inc. Grows Stock Holdings in Spectral AI, Inc. (NASDAQ:MDAI)

Avantax Planning Partners Inc. lifted its position in shares of Spectral AI, Inc. (NASDAQ:MDAI) by 44.7% during the fourth quarter, Holdings Channel reports. The institutional investor owned 231,336 shares of the company’s stock after purchasing an additional 71,484 shares during the period. Avantax Planning Partners Inc.’s holdings in Spectral AI were worth $655,000 at the end of the most recent reporting period.

Separately, Millington Financial Advisors LLC purchased a new position in shares of Spectral AI during the 4th quarter valued at $85,000. 67.08% of the stock is currently owned by institutional investors.

Spectral AI Stock Up 2.2 %

Shares of MDAI stock opened at $1.37 on Wednesday. The stock has a market cap of $25.47 million, a P/E ratio of -2.11 and a beta of 0.43. Spectral AI, Inc. has a 52 week low of $0.82 and a 52 week high of $3.25. The company’s fifty day simple moving average is $1.99 and its two-hundred day simple moving average is $1.67.

About Spectral AI

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.