Accuray Inc (NASDAQ: ARAY) on Tuesday, soared 8.24% from the previous trading day, before settling in for the closing price of $1.70. Within the past 52 weeks, ARAY’s price has moved between $1.40 and $3.05.
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It was noted that within the last five years, the titan of the Healthcare sector saw sales topped by 1.46%. The company achieved an average annual earnings per share of 87.50%. With a float of $95.06 million, this company’s outstanding shares have now reached $100.19 million.
The extent of productivity of a business whose workforce counts for 987 workers is very important to gauge. In terms of profitability, gross margin is 31.04%, operating margin of -0.87%, and the pretax margin is -3.18%.
Accuray Inc (ARAY) Insider and Institutional Ownership
Observing investor behavior towards Medical Devices industry stocks is more important than anything else. The insider ownership of Accuray Inc is 5.48%, while institutional ownership is 61.72%. 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) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 87.50% per share during the next fiscal year.
Accuray Inc (NASDAQ: ARAY) Trading Performance Indicators
Accuray Inc (ARAY) is currently performing well based on its current performance indicators. A quick ratio of 0.85 was reported for the most recent quarter. 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 -0.17, a number that is poised to hit -0.03 in the next quarter and is forecasted to reach 0.12 in one year’s time.
Technical Analysis of Accuray Inc (ARAY)
The latest stats from [Accuray Inc, ARAY] show that its last 5-days average volume of 0.65 million was inferior to 0.66 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 13.19%. Additionally, its Average True Range was 0.12.
During the past 100 days, Accuray Inc’s (ARAY) raw stochastic average was set at 40.37%, which indicates a significant increase from 35.05% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 80.56% in the past 14 days, which was lower than the 99.44% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.8534, while its 200-day Moving Average is $2.0269. Now, the first resistance to watch is $1.8967. This is followed by the second major resistance level at $1.9533. The third major resistance level sits at $2.0667. If the price goes on to break the first support level at $1.7267, it is likely to go to the next support level at $1.6133. The third support level lies at $1.5567 if the price breaches the second support level.
Accuray Inc (NASDAQ: ARAY) Key Stats
Market capitalization of the company is 185.04 million based on 100,565K outstanding shares. Right now, sales total 446,550 K and income totals -15,550 K. The company made 101,550 K in profit during its latest quarter, and -3,950 K in sales during its previous quarter.
