Recent developments with Accolade Inc (ACCD) have led to the company’s beta value being reach 2.07 cents.

A new trading day began on Friday, with Accolade Inc (NASDAQ: ACCD) stock price up 4.24% from the previous day of trading, before settling in for the closing price of $3.54. ACCD’s price has ranged from $3.08 to $15.36 over the past 52 weeks.

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Annual sales at Healthcare sector company grew by 36.31% over the past five years. Meanwhile, its annual earnings per share averaged 28.51%. With a float of $69.12 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 and Institutional Ownership

As we move forward, let’s examine how large-scale investors are investing in this stock of the Health Information Services Industry. 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 48,018. In this transaction Chief Executive Officer of this company sold 13,357 shares at a rate of $3.60, taking the stock ownership to the 814,316 shares. Before that another transaction happened on Dec 03 ’24, when Company’s President sold 5,582 for $3.60, making the entire transaction worth $20,067. This insider now owns 212,445 shares in total.

Accolade Inc (ACCD) Latest Financial update

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

Here are Accolade Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 2.68. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.70.

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 1.31 million, a positive change from its year-to-date volume of 1.1 million. As of the previous 9 days, the stock’s Stochastic %D was 30.24%. Additionally, its Average True Range was 0.19.

During the past 100 days, Accolade Inc’s (ACCD) raw stochastic average was set at 41.50%, which indicates a significant decrease from 62.40% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 44.32% in the past 14 days, which was lower than the 54.81% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $3.59, while its 200-day Moving Average is $5.72. Nevertheless, the first resistance level for the watch stands at $3.74 in the near term. At $3.78, the stock is likely to face the second major resistance level. The third major resistance level sits at $3.88. If the price goes on to break the first support level at $3.60, it is likely to go to the next support level at $3.50. The third support level lies at $3.46 if the price breaches the second support level.

Accolade Inc (NASDAQ: ACCD) Key Stats

With a market capitalization of 309.77 million, the company has a total of 80,537K Shares Outstanding. Currently, annual sales are 414,290 K while annual income is -99,810 K. The company’s previous quarter sales were 106,360 K while its latest quarter income was -23,930 K.