On Tuesday, Accuray Inc (NASDAQ: ARAY) was -6.53% drop from the session before settling in for the closing price of $2.45. A 52-week range for ARAY has been $1.40 – $2.95.
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During the last 5-year period, the sales growth of Healthcare Sector giant was 1.46%. When this article was written, the company’s average yearly earnings per share was at 93.12%. With a float of $97.72 million, this company’s outstanding shares have now reached $102.81 million.
Let’s determine the extent of company efficiency that accounts for 987 employees. In terms of profitability, gross margin is 31.75%, operating margin of 1.06%, and the pretax margin is -0.47%.
Accuray Inc (ARAY) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Accuray Inc stocks. The insider ownership of Accuray Inc is 4.97%, while institutional ownership is 58.18%. The most recent insider transaction that took place on Feb 11 ’25, was worth 557,957. Before that another transaction happened on Sep 04 ’24, when Company’s SVP Chief Financial Officer sold 8,404 for $2.06, making the entire transaction worth $17,276. This insider now owns 394,138 shares in total.
Accuray Inc (ARAY) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.05 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 93.12% per share during the next fiscal year.
Accuray Inc (NASDAQ: ARAY) Trading Performance Indicators
You can see what Accuray Inc (ARAY) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.87. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.52.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.05, a number that is poised to hit -0.03 in the next quarter and is forecasted to reach 0.10 in one year’s time.
Technical Analysis of Accuray Inc (ARAY)
Looking closely at Accuray Inc (NASDAQ: ARAY), its last 5-days average volume was 1.57 million, which is a jump from its year-to-date volume of 0.8 million. As of the previous 9 days, the stock’s Stochastic %D was 30.00%. Additionally, its Average True Range was 0.17.
During the past 100 days, Accuray Inc’s (ARAY) raw stochastic average was set at 48.44%, which indicates a significant increase from 17.50% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 78.69% in the past 14 days, which was higher than the 65.89% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.13, while its 200-day Moving Average is $1.91. However, in the short run, Accuray Inc’s stock first resistance to watch stands at $2.41. Second resistance stands at $2.53. The third major resistance level sits at $2.60. If the price goes on to break the first support level at $2.22, it is likely to go to the next support level at $2.15. Should the price break the second support level, the third support level stands at $2.03.
Accuray Inc (NASDAQ: ARAY) Key Stats
There are 102,831K outstanding shares of the company, which has a market capitalization of 235.48 million. As of now, sales total 446,550 K while income totals -15,550 K. Its latest quarter income was 116,170 K while its last quarter net income were 2,540 K.
