Accolade Inc (ACCD) last year’s performance of 20.31% is a clear signal for an entertaining trading season.

A new trading day began on Monday, with Accolade Inc (NASDAQ: ACCD) stock price up 3.42% from the previous day of trading, before settling in for the closing price of $13.46. ACCD’s price has ranged from $6.33 to $17.00 over the past 52 weeks.

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Healthcare Sector giant saw their annual sales surged by 38.17% over the last five years. Meanwhile, its annual earnings per share averaged 78.78%. With a float of $68.83 million, this company’s outstanding shares have now reached $73.09 million.

Accolade Inc (ACCD) Breakdown of a Key Holders of the stock

As we move forward, let’s examine how large-scale investors are investing in this stock of the Health Information Services Industry. The insider ownership of Accolade Inc is 11.09%, while institutional ownership is 76.72%. The most recent insider transaction that took place on Feb 02, was worth 6,514. In this transaction EVP General Counsel of this company sold 562 shares at a rate of $11.59, taking the stock ownership to the 37,195 shares. Before that another transaction happened on Feb 02, when Company’s Chief Accounting Officer sold 424 for $11.59, making the entire transaction worth $4,915. This insider now owns 35,426 shares in total.

Accolade Inc (ACCD) Recent Fiscal highlights

In its latest quarterly report, released on 11/29/2023, the company reported earnings of -$0.28 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.37 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 78.78% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -0.90% during the next five years compared to -38.43% drop over the previous five years of trading.

Accolade Inc (NASDAQ: ACCD) Trading Performance Indicators

Here are Accolade Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 2.31. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.77.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.66, a number that is poised to hit -0.11 in the next quarter and is forecasted to reach -1.25 in one year’s time.

Technical Analysis of Accolade Inc (ACCD)

Analysing the last 5-days average volume posted by the [Accolade Inc, ACCD], we can find that recorded value of 0.58 million was lower than the volume posted last year of 0.91 million. As of the previous 9 days, the stock’s Stochastic %D was 95.52%. Additionally, its Average True Range was 0.73.

During the past 100 days, Accolade Inc’s (ACCD) raw stochastic average was set at 84.05%, which indicates a significant decrease from 99.64% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 60.74% in the past 14 days, which was lower than the 76.31% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $11.66, while its 200-day Moving Average is $11.43. Now, the first resistance to watch is $14.12. This is followed by the second major resistance level at $14.33. The third major resistance level sits at $14.72. If the price goes on to break the first support level at $13.52, it is likely to go to the next support level at $13.13. Now, if the price goes above the second support level, the third support stands at $12.92.

Accolade Inc (NASDAQ: ACCD) Key Stats

With a market capitalization of 1.08 billion, the company has a total of 77,408K Shares Outstanding. Currently, annual sales are 363,140 K while annual income is -459,650 K. The company’s previous quarter sales were 99,370 K while its latest quarter income was -21,060 K.