Witnessing the stock’s movement on the chart, on November 23, 2020, Accuray Incorporated (NASDAQ: ARAY) set off with pace as it heaved 12.53% to $4.40. During the day, the stock rose to $4.62 and sunk to $3.91 before settling in for the price of $3.91 at the close. Taking a more long-term approach, ARAY posted a 52-week range of $1.33-$4.68.
The Healthcare sector firm’s twelve-monthly sales growth has been 0.20% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was 15.80%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 122.50%. This publicly-traded company’s shares outstanding now amounts to $91.19 million, simultaneously with a float of $88.80 million. The organization now has a market capitalization sitting at $400.62 million. At the time of writing, stock’s 50-day Moving Average stood at $3.00, while the 200-day Moving Average is $2.45.
It is quite necessary to find out the efficiency of the corporate organization, which has 932 number of employees on its payroll. It has generated 410,867 per worker during the last fiscal year. Meanwhile, its income per employee was 4,106. The stock had 3.77 Receivables turnover and 0.82 Total Asset turnover. For the Profitability, stocks gross margin was +39.10, operating margin was +3.56 and Pretax Margin of +1.49.
Accuray Incorporated (ARAY) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Medical Devices industry. Accuray Incorporated’s current insider ownership accounts for 2.00%, in contrast to 74.40% institutional ownership. According to the most recent insider trade that took place on Nov 11, this organization’s Director bought 50,000 shares at the rate of 3.46, making the entire transaction reach 173,135 in total value, affecting insider ownership by 243,078. Preceding that transaction, on Nov 03, Company’s SVP, General Counsel sold 8,450 for 3.02, making the whole transaction’s value amount to 25,527. This particular insider is now the holder of 80,726 in total.
Accuray Incorporated (ARAY) Earnings and Revenue Records
As on 9/29/2020, Multinational firm has announced its last quarter scores, in which it reported $0 earnings per share (EPS) for the period topping the consensus outlook (set at -$0.07) by $0.07. This company achieved a net margin of +1.00 while generating a return on equity of 6.74. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.01 per share during the current fiscal year.
Accuray Incorporated’s EPS increase for this current 12-month fiscal period is 122.50% and is forecasted to reach 0.08 in the upcoming year.
Accuray Incorporated (NASDAQ: ARAY) Trading Performance Indicators
Let’s observe the current performance indicators for Accuray Incorporated (ARAY). It’s Quick Ratio in the last reported quarter now stands at 1.10. The Stock has managed to achieve an average true range (ATR) of 0.27. Alongside those numbers, its PE Ratio stands at $29.33, and its Beta score is 1.94. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.06. Similarly, its price to free cash flow for trailing twelve months is now 23.02.
In the same vein, ARAY’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.15, a figure that is expected to reach -0.02 in the next quarter, and analysts are predicting that it will be 0.08 at the market close of one year from today.
Technical Analysis of Accuray Incorporated (ARAY)
Going through the that latest performance of [Accuray Incorporated, ARAY]. Its last 5-days volume of 1.29 million indicated improvement to the volume of 0.7 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 80.48% While, its Average True Range was 0.29.
Raw Stochastic average of Accuray Incorporated (ARAY) in the period of the previous 100 days is set at 91.73%, which indicates a major rise in contrast to 87.54% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 95.74% that was higher than 72.01% volatility it exhibited in the past 100-days period.