The key reasons why Accolade Inc (ACCD) is -75.98% away from 52-week high?

Accolade Inc (NASDAQ: ACCD) open the trading on Wednesday, with a bit cautious approach as it glided -6.58% to $3.69, before settling in for the price of $3.95 at the close. Taking a more long-term approach, ACCD posted a 52-week range of $3.35-$15.36.

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The Healthcare Sector giants’ yearly sales growth during the last 5-year period was 36.31%. Meanwhile, its Annual Earning per share during the time was -2.85%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 15.65%. This publicly-traded company’s shares outstanding now amounts to $78.07 million, simultaneously with a float of $69.83 million. The organization now has a market capitalization sitting at $295.24 million. At the time of writing, stock’s 50-day Moving Average stood at $5.65, while the 200-day Moving Average is $8.66.

Accolade Inc (ACCD) Ownership Facts and Figures

Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Health Information Services industry. Accolade Inc’s current insider ownership accounts for 12.72%, in contrast to 77.29% institutional ownership. According to the most recent insider trade that took place on Jul 17 ’24, this organization’s Chief Executive Officer sold 383 shares at the rate of 3.86, making the entire transaction reach 1,477 in total value, affecting insider ownership by 781,021. Preceding that transaction, on Jul 17 ’24, Company’s President sold 157 for 3.86, making the whole transaction’s value amount to 606. This particular insider is now the holder of 191,728 in total.

Accolade Inc (ACCD) Earnings and Revenue Records

Accolade Inc’s EPS increase for this current 12-month fiscal period is 15.65% and is forecasted to reach -0.99 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will decrease by -0.90% through the next 5 years, which can be compared against the -2.85% growth it accomplished over the previous five years trading on the market.

Accolade Inc (NASDAQ: ACCD) Trading Performance Indicators

Let’s observe the current performance indicators for Accolade Inc (ACCD). It’s Quick Ratio in the last reported quarter now stands at 2.75. 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 0.68.

In the same vein, ACCD’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -1.16, a figure that is expected to reach -0.44 in the next quarter, and analysts are predicting that it will be -0.99 at the market close of one year from today.

Technical Analysis of Accolade Inc (ACCD)

[Accolade Inc, ACCD] recent stats showed that its last 5-days Average volume was superior the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 62.70% While, its Average True Range was 0.31.

Raw Stochastic average of Accolade Inc (ACCD) in the period of the previous 100 days is set at 4.64%, which indicates a major fall in contrast to 48.58% 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 93.13% that was lower than 108.59% volatility it exhibited in the past 100-days period.