Why is Accolade Inc. (ACCD) down -87.83% from the day 1 this year? – Invest Chronicle

Why is Accolade Inc. (ACCD) down -87.83% from the day 1 this year?

At the end of the latest market close, Accolade Inc. (ACCD) was valued at $6.00. In that particular session, Stock kicked-off at the price of $5.90 while reaching the peak value of $6.68 and lowest value recorded on the day was $5.68. The stock current value is $6.61.Recently in News on June 21, 2022, Accolade to showcase Personalized Healthcare for health plans at AHIP 2022. Accolade and Priority Health will discuss how Personalized Healthcare can deliver value for health plans seeking virtual first solutions for whole person care. You can read further details here

Accolade Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $27.74 on 01/04/22, with the lowest value was $4.61 for the same time period, recorded on 04/29/22.

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Accolade Inc. (ACCD) full year performance was -87.83%

Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Accolade Inc. shares are logging -88.08% during the 52-week period from high price, and 43.38% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $4.61 and $55.47.

The company’s shares, operating in the sector of Healthcare managed to top a trading volume set approximately around 1424217 for the day, which was evidently lower, when compared to the average daily volumes of the shares.

When it comes to the year-to-date metrics, the Accolade Inc. (ACCD) recorded performance in the market was -74.92%, having the revenues showcasing -61.16% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 419.21M, as it employees total of 2350 workers.

Specialists analysis on Accolade Inc. (ACCD)

During the last month, 0 analysts gave the Accolade Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.

According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 12.69, with a change in the price was noted -9.28. In a similar fashion, Accolade Inc. posted a movement of -58.40% for the period of last 100 days, recording 1,441,120 in trading volumes.

Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for ACCD is recording 0.33 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.33.

Trends and Technical analysis: Accolade Inc. (ACCD)

Raw Stochastic average of Accolade Inc. in the period of last 50 days is set at 19.72%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 71.35%. In the last 20 days, the company’s Stochastic %K was 45.49% and its Stochastic %D was recorded 31.83%.

Now, considering the stocks previous presentation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -74.92%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -72.39%, alongside a downfall of -87.83% for the period of the last 12 months. The shares increased approximately by 16.58% in the 7-day charts and went up by 8.18% in the period of the last 30 days. Common stock shares were lifted by -61.16% during last recorded quarter.

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