On Friday, Accuray Inc (NASDAQ: ARAY) was 3.28% up from the session before settling in for the closing price of $1.83. A 52-week range for ARAY has been $1.40 – $3.05.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Over the past five-year period, the growth rate of yearbook sales for the company of the Healthcare sector was 1.46%. When this article was written, the company’s average yearly earnings per share was at 84.38%. With a float of $94.73 million, this company’s outstanding shares have now reached $100.19 million.
Considering the fact that the conglomerate employs 987 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 32.01%, operating margin of 0.11%, and the pretax margin is -2.65%.
Accuray Inc (ARAY) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Accuray Inc stocks. The insider ownership of Accuray Inc is 5.52%, while institutional ownership is 62.13%. The most recent insider transaction that took place on Sep 04 ’24, was worth 17,276. In this transaction SVP Chief Financial Officer of this company sold 8,404 shares at a rate of $2.06, taking the stock ownership to the 394,138 shares. Before that another transaction happened on Dec 01 ’23, when Company’s SVP, Chief Commercial Officer sold 26,799 for $1.70, making the entire transaction worth $45,612. This insider now owns 531,341 shares in total.
Accuray Inc (ARAY) Recent Fiscal highlights
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted -0.03 earnings per share (EPS) during the time that was better than consensus figure (set at -0.05) by 0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.02 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 84.38% per share during the next fiscal year.
Accuray Inc (NASDAQ: ARAY) Trading Performance Indicators
You can see what Accuray Inc (ARAY) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.93. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.42.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.16, a number that is poised to hit -0.05 in the next quarter and is forecasted to reach 0.11 in one year’s time.
Technical Analysis of Accuray Inc (ARAY)
Compared to the last year’s volume of 0.66 million, its volume of 0.58 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 68.98%. Additionally, its Average True Range was 0.11.
During the past 100 days, Accuray Inc’s (ARAY) raw stochastic average was set at 44.95%, which indicates a significant decrease from 76.91% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 54.30% in the past 14 days, which was lower than the 100.89% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.9440, while its 200-day Moving Average is $2.1261. Nevertheless, the first resistance level for the watch stands at $1.9300 in the near term. At $1.9700, the stock is likely to face the second major resistance level. The third major resistance level sits at $2.0250. If the price goes on to break the first support level at $1.8350, it is likely to go to the next support level at $1.7800. Now, if the price goes above the second support level, the third support stands at $1.7400.
Accuray Inc (NASDAQ: ARAY) Key Stats
There are 99,244K outstanding shares of the company, which has a market capitalization of 189.51 million. As of now, sales total 446,550 K while income totals -15,550 K. Its latest quarter income was 134,290 K while its last quarter net income were 3,390 K.
