Accuray Inc (NASDAQ: ARAY) on Tuesday, plunged -0.76% from the previous trading day, before settling in for the closing price of $1.31. Within the past 52 weeks, ARAY’s price has moved between $1.30 and $2.95.
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Annual sales at Healthcare sector company grew by 1.46% over the past five years. The company achieved an average annual earnings per share of 91.67%. With a float of $98.01 million, this company’s outstanding shares have now reached $102.85 million.
Let’s look at the performance matrix of the company that is accounted for 987 employees. In terms of profitability, gross margin is 31.48%, operating margin of 2.24%, and the pretax margin is 0.63%.
Accuray Inc (ARAY) Insider Updates
Observing investor behavior towards Medical Devices industry stocks is more important than anything else. The insider ownership of Accuray Inc is 4.86%, while institutional ownership is 60.05%. 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) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.04 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 91.67% per share during the next fiscal year.
Accuray Inc (NASDAQ: ARAY) Trading Performance Indicators
Accuray Inc (ARAY) is currently performing well based on its current performance indicators. A quick ratio of 0.91 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 0.29. Likewise, its price to free cash flow for the trailing twelve months is 7.04.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.01, a number that is poised to hit 0.01 in the next quarter and is forecasted to reach -0.04 in one year’s time.
Technical Analysis of Accuray Inc (ARAY)
Accuray Inc (NASDAQ: ARAY) saw its 5-day average volume 1.19 million, a positive change from its year-to-date volume of 0.68 million. As of the previous 9 days, the stock’s Stochastic %D was 6.02%. Additionally, its Average True Range was 0.09.
During the past 100 days, Accuray Inc’s (ARAY) raw stochastic average was set at 1.20%, which indicates a significant decrease from 5.48% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 68.29% in the past 14 days, which was higher than the 60.36% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.7011, while its 200-day Moving Average is $1.9142. Nevertheless, the first resistance level for the watch stands at $1.3267 in the near term. At $1.3533, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.3767. If the price goes on to break the first support level at $1.2767, it is likely to go to the next support level at $1.2533. Assuming the price breaks the second support level, the third support level stands at $1.2267.
Accuray Inc (NASDAQ: ARAY) Key Stats
Market capitalization of the company is 133.92 million based on 102,831K outstanding shares. Right now, sales total 446,550 K and income totals -15,550 K. The company made 113,240 K in profit during its latest quarter, and -1,300 K in sales during its previous quarter.
