Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Accuray Inc’s current trading price is -58.36% away from its 52-week high, while its distance from the 52-week low is 18.54%. The stock’s price range over this period has fluctuated between $1.51 and $4.30. The company, operating within the financial sector, had a trading volume of approximately 1.42 million for the day, which was noticeably higher than the average daily share volume of 0.56 million over the last 3 months.
Accuray Inc ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $4.30 on 07/31/23, while the lowest value for the same period was recorded at $1.51 on 05/02/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Accuray Inc (ARAY) has experienced a quarterly decline of -24.79% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 177.51M and boasts a workforce of 1024 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 2.5726, with a change in price of -0.8000. Similarly, Accuray Inc recorded 513,719 in trading volume during the last 100 days, posting a change of -30.89%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for ARAY stands at 5.04. Similarly, the long-term debt-to-equity ratio is also 4.73.
ARAY Stock Stochastic Average
Today, Accuray Inc’s raw stochastic average for the past 50 days stands at 19.44%, indicating a decline from the raw stochastic average of the last 20 days, which was 30.77%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 15.38% and 11.70% respectively.
ARAY Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. The index has shown a price loss of -36.75% this year. Over the last six months, there has been a stronger performance of -31.68%. The price of ARAY leaped by -25.42% during the last 30 days period. For the last 5-days stocks have slided -19.37%.
