A major move is in the offing as Accolade Inc (ACCD) market cap hits 561.95 million

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On Tuesday, Accolade Inc (NASDAQ: ACCD) opened lower -0.15% from the last session, before settling in for the closing price of $6.89. Price fluctuations for ACCD have ranged from $3.08 to $13.93 over the past 52 weeks.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Healthcare sector was 36.31%. Company’s average yearly earnings per share was noted -3.21% at the time writing. With a float of $70.08 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

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 14.19%, while institutional ownership is 72.74%. The most recent insider transaction that took place on Jan 17 ’25, was worth 1,276. In this transaction President of this company sold 186 shares at a rate of $6.86, taking the stock ownership to the 215,089 shares. Before that another transaction happened on Jan 17 ’25, when Company’s Chief Executive Officer sold 309 for $6.86, making the entire transaction worth $2,119. This insider now owns 820,211 shares in total.

Accolade Inc (ACCD) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.14 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -3.21% 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 2.59. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.26.

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 4.9 million, its volume of 2.78 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 99.07%. Additionally, its Average True Range was 0.28.

During the past 100 days, Accolade Inc’s (ACCD) raw stochastic average was set at 98.96%, which indicates a significant increase from 98.89% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 294.03% in the past 14 days, which was higher than the 121.64% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $4.08, while its 200-day Moving Average is $4.97. Nevertheless, the first resistance level for the watch stands at $6.90 in the near term. At $6.92, the stock is likely to face the second major resistance level. The third major resistance level sits at $6.94. If the price goes on to break the first support level at $6.86, it is likely to go to the next support level at $6.85. Should the price break the second support level, the third support level stands at $6.83.

Accolade Inc (NASDAQ: ACCD) Key Stats

There are currently 81,586K shares outstanding in the company with a market cap of 561.95 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 105,060 K and its income totaled -121,260 K.