Accuray Incorporated (ARAY) is priced at $2.58 after the most recent trading session. At the very opening of the session, the stock price was $2.41 and reached a high price of $2.58, prior to closing the session it reached the value of $2.38. The stock touched a low price of $2.37.Recently in News on January 18, 2023, Accuray to Report Second Quarter Fiscal 2023 Financial Results on February 1, 2023. Accuray Incorporated (NASDAQ: ARAY) will report financial results for the second quarter of fiscal year 2023, ended December 31, 2022, after the market close on February 1, 2023. Management will host a conference call to review the results at 1:30 p.m. PT / 4:30 p.m. ET on the same day. You can read further details here
Accuray Incorporated had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $2.58 on 01/23/23, with the lowest value was $2.02 for the same time period, recorded on 01/03/23.
Accuray Incorporated (ARAY) full year performance was -38.13%
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, Accuray Incorporated shares are logging -40.83% during the 52-week period from high price, and 51.76% 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 $1.70 and $4.36.
The company’s shares, operating in the sector of Healthcare managed to top a trading volume set approximately around 1032213 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Accuray Incorporated (ARAY) recorded performance in the market was 23.44%, having the revenues showcasing 36.51% 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 237.82M, as it employees total of 1044 workers.
Specialists analysis on Accuray Incorporated (ARAY)
During the last month, 0 analysts gave the Accuray Incorporated 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 2.13, with a change in the price was noted +0.04. In a similar fashion, Accuray Incorporated posted a movement of +1.57% for the period of last 100 days, recording 390,102 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 ARAY is recording 3.75 at the time of this writing. In addition, long term Debt to Equity ratio is set at 3.63.
Trends and Technical analysis: Accuray Incorporated (ARAY)
Raw Stochastic average of Accuray Incorporated in the period of last 50 days is set at 100.00%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 100.00%. In the last 20 days, the company’s Stochastic %K was 88.68% and its Stochastic %D was recorded 85.47%.
Now, considering the stocks previous presentation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 23.44%. Additionally, trading for the stock in the period of the last six months notably improved by 21.70%, alongside a downfall of -38.13% for the period of the last 12 months. The shares increased approximately by 8.40% in the 7-day charts and went down by 31.63% in the period of the last 30 days. Common stock shares were driven by 36.51% during last recorded quarter.