Acutus Medical Inc. (NASDAQ: AFIB) stock fell -2.24% on Thursday to $0.91 against a previous-day closing price of $0.93. With 34698.0 shares changing hands, the volume of the stock remained lighter than its average volume of 0.7 million shares. During the session, the Medical Devices company that operates in the wider Healthcare sector, reached the highest price of $0.9846 whereas the lowest price it dropped to was $0.8800. The 52-week range on AFIB shows that it touched its highest point at $9.15 and its lowest point at $0.48 during that stretch. It currently has a 1-year price target of $3.50.
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Float and Shares Shorts
At present, 28.34 million AFIB shares are outstanding with a float of 26.00 million shares on hand for trading. On Sep 14, 2022, short shares totaled 0.83 million, which was 2.93% higher than short shares on Aug 14, 2022. In addition to Mr. R. Scott Huennekens CPA, M.B.A. as the firm’s Exec. Chairman, Mr. David Harrison Roman serves as its CEO & Pres.
BlueFire Equipment Corporation (BLFR)
BlueFire Equipment Corporation (BLFR) stock fell -17.70% on Thursday to $0.0502 against a previous-day closing price of $0.0610. During the session, the company reached the highest price of $0.0556 whereas the lowest price it dropped to was $0.0500. The 52-week range on BLFR shows that it touched its highest point at $0.1200 and its lowest point at $0.0050 during that stretch. The company has a total of 33,947,368 outstanding shares while its market capitalization is now about $1,704,158.
After the closing of its business combination with Miracle Life Farm LLC, BlueFire Equipment, Corp. (BLFR), an agricultural-focused acquisition company, has made the decision to alter its name and ticker to better reflect the strategic path it is currently taking. The company’s top management has consented to change the company’s name to Farmies Inc., which will use the ticker symbol MIES. Nickolas S. Tabraue, the company’s CEO, praised the name change as ideal for the business and said the new name ‘Farmies’ best reflects the company’s brand and corporate mission.
It is evident that the shift represents a complete turn in trajectory with the new company Farmies, orienting itself fully to the agricultural industry, and defining the scope within which it will seek value maximization for its shareholders. The move evidently signals a new chapter for the company and its upcoming endeavors.
Marpai Inc. (MRAI)
Marpai Inc. (NASDAQ: MRAI) stock fell -8.70% on Thursday to $1.05 against a previous-day closing price of $1.15. With 34783.0 shares changing hands, the volume of the stock remained lighter than its average volume of 0.19 million shares. During the session, the Healthcare Plans company that operates in the wider Healthcare sector, reached the highest price of $1.1300 whereas the lowest price it dropped to was $1.0400. The 52-week range on MRAI shows that it touched its highest point at $6.31 and its lowest point at $0.69 during that stretch. It currently has a 1-year price target of $2.50.
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of MRAI was down-trending over the past week, with a drop of -15.32%, but this was up by 8.77% over a month. Three-month performance surged to 8.58% while six-month performance fell by -48.28%.