Accolade Inc (NASDAQ: ACCD) on Tuesday, plunged -5.80% from the previous trading day, before settling in for the closing price of $3.79. Within the past 52 weeks, ACCD’s price has moved between $3.08 and $15.36.
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Annual sales at Healthcare sector company grew by 36.31% over the past five years. The company achieved an average annual earnings per share of 28.51%. With a float of $69.18 million, this company’s outstanding shares have now reached $80.37 million.
Let’s look at the performance matrix of the company that is accounted for 2400 employees. 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
Observing investor behavior towards Health Information Services industry stocks is more important than anything else. The insider ownership of Accolade Inc is 14.10%, while institutional ownership is 73.71%. The most recent insider transaction that took place on Dec 03 ’24, was worth 20,275. Before that another transaction happened on Dec 03 ’24, when Company’s Officer proposed sale 13,357 for $3.59, making the entire transaction worth $48,017.
Accolade Inc (ACCD) Performance Highlights and Predictions
As on 8/31/2024, Multinational firm has announced its last quarter scores, in which it reported -0.07 earnings per share (EPS) for the period topping the consensus outlook (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 28.51% per share during the next fiscal year.
Accolade Inc (NASDAQ: ACCD) Trading Performance Indicators
Accolade Inc (ACCD) is currently performing well based on its current performance indicators. A quick ratio of 2.68 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 0.65.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.03, a number that is poised to hit -0.32 in the next quarter and is forecasted to reach -0.86 in one year’s time.
Technical Analysis of Accolade Inc (ACCD)
Accolade Inc (NASDAQ: ACCD) saw its 5-day average volume 1.07 million, a negative change from its year-to-date volume of 1.1 million. As of the previous 9 days, the stock’s Stochastic %D was 66.98%. Additionally, its Average True Range was 0.19.
During the past 100 days, Accolade Inc’s (ACCD) raw stochastic average was set at 33.33%, which indicates a significant decrease from 43.20% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 44.80% in the past 14 days, which was lower than the 59.20% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.60, while its 200-day Moving Average is $5.84. Nevertheless, the first resistance level for the watch stands at $3.69 in the near term. At $3.82, the stock is likely to face the second major resistance level. The third major resistance level sits at $3.93. If the price goes on to break the first support level at $3.45, it is likely to go to the next support level at $3.34. Assuming the price breaks the second support level, the third support level stands at $3.21.
Accolade Inc (NASDAQ: ACCD) Key Stats
Market capitalization of the company is 287.52 million based on 80,537K outstanding shares. Right now, sales total 414,290 K and income totals -99,810 K. The company made 106,360 K in profit during its latest quarter, and -23,930 K in sales during its previous quarter.
