ViewRay Inc. (NASDAQ: VRAY) started the day on January 10, 2022, with a price increase of 5.31% at $4.96. During the day, the stock rose to $4.96 and sunk to $4.57 before settling in for the price of $4.71 at the close. Taking a more long-term approach, VRAY posted a 52-week range of $3.79-$8.25.
The Healthcare sector firm’s twelve-monthly sales growth has been 40.60% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was 9.20%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 38.10%. This publicly-traded company’s shares outstanding now amounts to $164.25 million, simultaneously with a float of $123.23 million. The organization now has a market capitalization sitting at $931.34 million. At the time of writing, stock’s 50-day Moving Average stood at $5.78, while the 200-day Moving Average is $5.87.
It is quite necessary to find out the efficiency of the corporate organization, which has 236 number of employees on its payroll. It has generated 241,597 per worker during the last fiscal year. Meanwhile, its income per employee was -457,237. The stock had 3.45 Receivables turnover and 0.19 Total Asset turnover. For the Profitability, stocks gross margin was -18.38, operating margin was -185.87 and Pretax Margin of -189.26.
ViewRay Inc. (VRAY) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Medical Devices Industry. ViewRay Inc.’s current insider ownership accounts for 10.60%, in contrast to 79.60% institutional ownership. According to the most recent insider trade that took place on Nov 19, this organization’s Chief Financial Officer bought 17,857 shares at the rate of 5.60, making the entire transaction reach 99,999 in total value, affecting insider ownership by 465,290. Preceding that transaction, on Nov 19, Company’s President & CEO bought 89,285 for 5.60, making the whole transaction’s value amount to 499,996. This particular insider is now the holder of 3,716,281 in total.
ViewRay Inc. (VRAY) Earnings and Revenue Records
In the latest quarterly report released, which was put into the public domain on 9/29/2021, the organization reported -$0.15 earnings per share (EPS) for the three months, surpassing the consensus estimate (set at -$0.16) by $0.01. This company achieved a net margin of -189.26 while generating a return on equity of -62.30. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.14 per share during the current fiscal year.
ViewRay Inc.’s EPS increase for this current 12-month fiscal period is 38.10% and is forecasted to reach -0.65 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 10.00% through the next 5 years, which can be compared against the 9.20% growth it accomplished over the previous five years trading on the market.
ViewRay Inc. (NASDAQ: VRAY) Trading Performance Indicators
Let’s observe the current performance indicators for ViewRay Inc. (VRAY). It’s Quick Ratio in the last reported quarter now stands at 3.00. The Stock has managed to achieve an average true range (ATR) of 0.33. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 13.66.
In the same vein, VRAY’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.69, a figure that is expected to reach -0.16 in the next quarter, and analysts are predicting that it will be -0.65 at the market close of one year from today.
Technical Analysis of ViewRay Inc. (VRAY)
If we take a close look at the recent performances of ViewRay Inc. (NASDAQ: VRAY), its last 5-days Average volume was 1.54 million that shows progress from its year to date volume of 1.52 million. During the previous 9 days, stock’s Stochastic %D was recorded 19.69% While, its Average True Range was 0.33.
Raw Stochastic average of ViewRay Inc. (VRAY) in the period of the previous 100 days is set at 11.32%, which indicates a major fall in contrast to 31.58% 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 65.89% that was higher than 60.24% volatility it exhibited in the past 100-days period.