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The closing price of Accolade Inc (NASDAQ: ACCD) was $3.44 for the day, down -2.82% from the previous closing price of $3.54. In other words, the price has decreased by -$2.82 from its previous closing price. On the day, 0.63 million shares were traded. ACCD stock price reached its highest trading level at $3.53 during the session, while it also had its lowest trading level at $3.375.
Ratios:
Our analysis of ACCD’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 2.68 and its Current Ratio is at 2.68. In the meantime, Its Debt-to-Equity ratio is 0.56 whereas as Long-Term Debt/Eq ratio is at 0.55.
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, Needham on June 28, 2024, Reiterated its Buy rating but revised its target price to $8 from $13 previously.
On February 26, 2024, Leerink Partners started tracking the stock assigning a Outperform rating and target price of $16.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Dec 17 ’24 when Barnes Stephen H. sold 123 shares for $3.43 per share. The transaction valued at 422 led to the insider holds 220,463 shares of the business.
Cavanaugh Robert N sold 156 shares of ACCD for $535 on Dec 17 ’24. The President now owns 213,295 shares after completing the transaction at $3.43 per share. On Dec 17 ’24, another insider, SINGH RAJEEV, who serves as the Chief Executive Officer of the company, sold 381 shares for $3.43 each. As a result, the insider received 1,308 and left with 815,851 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, ACCD now has a Market Capitalization of 277047648 and an Enterprise Value of 281505568. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.62 while its Price-to-Book (P/B) ratio in mrq is 0.65. Its current Enterprise Value per Revenue stands at 0.638 whereas that against EBITDA is -5.25.
Stock Price History:
Over the past 52 weeks, ACCD has reached a high of $15.36, while it has fallen to a 52-week low of $3.08. The 50-Day Moving Average of the stock is -1.51%, while the 200-Day Moving Average is calculated to be -34.44%.
Shares Statistics:
ACCD traded an average of 1.33M shares per day over the past three months and 1015200 shares per day over the past ten days. A total of 80.37M shares are outstanding, with a floating share count of 69.11M. Insiders hold about 14.18% of the company’s shares, while institutions hold 73.68% stake in the company. Shares short for ACCD as of 1734048000 were 3106106 with a Short Ratio of 2.33, compared to 1731628800 on 3638993. Therefore, it implies a Short% of Shares Outstanding of 3106106 and a Short% of Float of 3.9699999999999998.
