A look at Accolade Inc’s (ACCD) recent performance gives investors their first glimpse of hope.

Accolade Inc (NASDAQ: ACCD) On Monday, started off the session at the price of On Monday, remained unchanged from the previous trading day, before settling in for the closing price of $6.83. Within the past 52 weeks, ACCD’s price has moved between $3.08 and $15.21.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Over the past five-year period, the growth rate of yearbook sales for the company of the Healthcare sector was 36.31%. The company achieved an average annual earnings per share of 6.64%. With a float of $70.09 million, this company’s outstanding shares have now reached $81.19 million.

Considering the fact that the conglomerate employs 2400 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 42.92%, operating margin of -41.29%, and the pretax margin is -39.96%.

Accolade Inc (ACCD) Insider Activity

Observing investor behavior towards Health Information Services industry stocks is more important than anything else. The insider ownership of Accolade Inc is 14.19%, while institutional ownership is 72.67%. The most recent insider transaction that took place on Jan 13 ’25, was worth 1,954. Before that another transaction happened on Jan 13 ’25, when Company’s Officer proposed sale 256 for $6.88, making the entire transaction worth $1,761.

Accolade Inc (ACCD) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 6.64% 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 2.59 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 1.25.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.25, a number that is poised to hit 0.05 in the next quarter and is forecasted to reach -0.85 in one year’s time.

Technical Analysis of Accolade Inc (ACCD)

Compared to the last year’s volume of 6.42 million, its volume of 8.59 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 97.77%. Additionally, its Average True Range was 0.38.

During the past 100 days, Accolade Inc’s (ACCD) raw stochastic average was set at 97.66%, which indicates a significant increase from 97.54% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 293.54% in the past 14 days, which was higher than the 122.15% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $3.72, while its 200-day Moving Average is $5.05. Nevertheless, the first resistance level for the watch stands at $6.88 in the near term. At $6.93, the stock is likely to face the second major resistance level. The third major resistance level sits at $6.96. If the price goes on to break the first support level at $6.80, it is likely to go to the next support level at $6.77. Should the price break the second support level, the third support level stands at $6.72.

Accolade Inc (NASDAQ: ACCD) Key Stats

Market capitalization of the company is 557.87 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.