Accolade Inc (ACCD) is ready for next Episode as it posted an annual sales of 414,290 K

On Tuesday, Accolade Inc (NASDAQ: ACCD) opened lower -0.79% from the last session, before settling in for the closing price of $3.80. Price fluctuations for ACCD have ranged from $3.08 to $15.36 over the past 52 weeks.

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It was noted that within the last five years, the titan of the Healthcare sector saw sales topped by 36.31%. Company’s average yearly earnings per share was noted 27.94% at the time writing. With a float of $69.18 million, this company’s outstanding shares have now reached $78.07 million.

The extent of productivity of a business whose workforce counts for 2400 workers is very important to gauge. In terms of profitability, gross margin is 43.1%, operating margin of -21.28%, and the pretax margin is -17.76%.

Accolade Inc (ACCD) Insider Updates

A key investor’s attitude towards the stock of the Health Information Services industry is another important factor to consider. The insider ownership of Accolade Inc is 14.10%, while institutional ownership is 73.68%. The most recent insider transaction that took place on Nov 19 ’24, was worth 1,271. In this transaction Chief Executive Officer of this company sold 380 shares at a rate of $3.35, taking the stock ownership to the 796,109 shares. Before that another transaction happened on Nov 19 ’24, when Company’s President sold 154 for $3.35, making the entire transaction worth $515. This insider now owns 199,502 shares in total.

Accolade Inc (ACCD) Performance Highlights and Predictions

If we go through the results of last quarter, which was made public on 8/31/2024, the company posted -0.07 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -0.23) by 0.16. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.21 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 27.94% per share during the next fiscal year.

Accolade Inc (NASDAQ: ACCD) Trading Performance Indicators

Check out the current performance indicators for Accolade Inc (ACCD). In the past quarter, the stock posted a quick ratio of 2.68. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.69.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.03, a number that is poised to hit -0.33 in the next quarter and is forecasted to reach -0.87 in one year’s time.

Technical Analysis of Accolade Inc (ACCD)

The latest stats from [Accolade Inc, ACCD] show that its last 5-days average volume of 1.43 million was superior to 1.1 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 78.40%. Additionally, its Average True Range was 0.19.

During the past 100 days, Accolade Inc’s (ACCD) raw stochastic average was set at 46.94%, which indicates a significant decrease from 75.20% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 39.04% in the past 14 days, which was lower than the 58.61% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $3.63, while its 200-day Moving Average is $6.02. Now, the first resistance to watch is $3.86. This is followed by the second major resistance level at $3.94. The third major resistance level sits at $4.03. If the price goes on to break the first support level at $3.69, it is likely to go to the next support level at $3.60. Assuming the price breaks the second support level, the third support level stands at $3.52.

Accolade Inc (NASDAQ: ACCD) Key Stats

There are currently 80,537K shares outstanding in the company with a market cap of 303.62 million. Presently, the company’s annual sales total 414,290 K according to its annual income of -99,810 K. Last quarter, the company’s sales amounted to 106,360 K and its income totaled -23,930 K.