A new trading day began on Monday, with Accolade Inc (NASDAQ: ACCD) stock price up 0.15% from the previous day of trading, before settling in for the closing price of $6.89. ACCD’s price has ranged from $3.08 to $13.93 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 -3.21%. With a float of $70.00 million, this company’s outstanding shares have now reached $81.19 million.
Let’s look at the performance matrix of the company that is accounted for 2400 employees. 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 Updates
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 14.29%, while institutional ownership is 79.03%. 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) Performance Highlights and Predictions
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. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 22.82% during the next five years compared to -2.85% drop over the previous five years of trading.
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 2.59. 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)
Accolade Inc (NASDAQ: ACCD) saw its 5-day average volume 1.96 million, a negative change from its year-to-date volume of 4.12 million. As of the previous 9 days, the stock’s Stochastic %D was 71.67%. Additionally, its Average True Range was 0.22.
During the past 100 days, Accolade Inc’s (ACCD) raw stochastic average was set at 99.48%, which indicates a significant increase from 99.44% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 292.67% in the past 14 days, which was higher than the 121.46% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.35, while its 200-day Moving Average is $4.93. Nevertheless, the first resistance level for the watch stands at $6.92 in the near term. At $6.94, 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 $6.88, it is likely to go to the next support level at $6.86. Assuming the price breaks the second support level, the third support level stands at $6.84.
Accolade Inc (NASDAQ: ACCD) Key Stats
With a market capitalization of 563.58 million, the company has a total of 81,586K Shares Outstanding. Currently, annual sales are 414,290 K while annual income is -99,810 K. The company’s previous quarter sales were 105,060 K while its latest quarter income was -121,260 K.