On Monday, Accuray Inc (NASDAQ: ARAY) was 5.18% up from the session before settling in for the closing price of $1.93. A 52-week range for ARAY has been $1.40 – $3.05.
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During the last 5-year period, the sales growth of Healthcare Sector giant was 1.46%. When this article was written, the company’s average yearly earnings per share was at 87.50%. With a float of $95.06 million, this company’s outstanding shares have now reached $100.19 million.
Let’s determine the extent of company efficiency that accounts for 987 employees. In terms of profitability, gross margin is 31.04%, operating margin of -0.87%, and the pretax margin is -3.18%.
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 5.48%, while institutional ownership is 60.85%. 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
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
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 0.85. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.47.
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)
Looking closely at Accuray Inc (NASDAQ: ARAY), its last 5-days average volume was 0.71 million, which is a jump from its year-to-date volume of 0.66 million. As of the previous 9 days, the stock’s Stochastic %D was 77.67%. Additionally, its Average True Range was 0.12.
During the past 100 days, Accuray Inc’s (ARAY) raw stochastic average was set at 57.80%, which indicates a significant decrease from 74.23% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 70.85% in the past 14 days, which was lower than the 99.75% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.8400, while its 200-day Moving Average is $2.0100. However, in the short run, Accuray Inc’s stock first resistance to watch stands at $2.0700. Second resistance stands at $2.1200. The third major resistance level sits at $2.1900. If the price goes on to break the first support level at $1.9600, it is likely to go to the next support level at $1.8900. Now, if the price goes above the second support level, the third support stands at $1.8400.
Accuray Inc (NASDAQ: ARAY) Key Stats
There are 100,565K outstanding shares of the company, which has a market capitalization of 208.47 million. As of now, sales total 446,550 K while income totals -15,550 K. Its latest quarter income was 101,550 K while its last quarter net income were -3,950 K.
