Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
In the latest session, Accuray Inc (NASDAQ: ARAY) closed at $2.29 down -6.53% from its previous closing price of $2.45. In other words, the price has decreased by -$6.53 from its previous closing price. On the day, 1.21 million shares were traded. ARAY stock price reached its highest trading level at $2.465 during the session, while it also had its lowest trading level at $2.275.
Ratios:
For a deeper understanding of Accuray Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.87 and its Current Ratio is at 1.61. In the meantime, Its Debt-to-Equity ratio is 4.46 whereas as Long-Term Debt/Eq ratio is at 4.14.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, ROTH MKM on February 13, 2024, initiated with a Buy rating and assigned the stock a target price of $9.
On June 23, 2022, B. Riley Securities started tracking the stock assigning a Buy rating and target price of $7.50.
On December 22, 2021, Loop Capital started tracking the stock assigning a Buy rating and target price of $7.50.Loop Capital initiated its Buy rating on December 22, 2021, with a $7.50 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Feb 11 ’25 when Hoge Michael bought 242,590 shares for $2.30 per share.
Pervaiz Ali sold 8,404 shares of ARAY for $17,276 on Sep 04 ’24. The SVP Chief Financial Officer now owns 394,138 shares after completing the transaction at $2.06 per share. On Jun 04 ’24, another insider, Pervaiz Ali, who serves as the SVP Chief Financial Officer of the company, sold 2,701 shares for $1.70 each. As a result, the insider received 4,597 and left with 402,542 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ARAY now has a Market Capitalization of 235482992 and an Enterprise Value of 333444896. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.52 while its Price-to-Book (P/B) ratio in mrq is 4.92. Its current Enterprise Value per Revenue stands at 0.751 whereas that against EBITDA is 68.61.
Stock Price History:
The Beta on a monthly basis for ARAY is 1.45, which has changed by -0.09926468 over the last 52 weeks, in comparison to a change of 0.21313763 over the same period for the S&P500. Over the past 52 weeks, ARAY has reached a high of $2.95, while it has fallen to a 52-week low of $1.40. The 50-Day Moving Average of the stock is 7.60%, while the 200-Day Moving Average is calculated to be 19.70%.
Shares Statistics:
For the past three months, ARAY has traded an average of 706.94K shares per day and 961370 over the past ten days. A total of 102.81M shares are outstanding, with a floating share count of 97.72M. Insiders hold about 4.97% of the company’s shares, while institutions hold 58.18% stake in the company. Shares short for ARAY as of 1736899200 were 4025232 with a Short Ratio of 5.69, compared to 1734048000 on 3590065. Therefore, it implies a Short% of Shares Outstanding of 4025232 and a Short% of Float of 4.099999700000001.
