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Accolade Inc (NASDAQ: ACCD) closed the day trading at $4.19 up 0.24% from the previous closing price of $4.18. In other words, the price has increased by $0.24 from its previous closing price. On the day, 0.68 million shares were traded. ACCD stock price reached its highest trading level at $4.355 during the session, while it also had its lowest trading level at $4.15.
Ratios:
For a better understanding of ACCD, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.75 and its Current Ratio is at 2.75. In the meantime, Its Debt-to-Equity ratio is 0.55 whereas as Long-Term Debt/Eq ratio is at 0.54.
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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 17 ’24 when SINGH RAJEEV sold 366 shares for $4.32 per share. The transaction valued at 1,580 led to the insider holds 788,569 shares of the business.
Cavanaugh Robert N sold 149 shares of ACCD for $643 on Sep 17 ’24. The President now owns 195,615 shares after completing the transaction at $4.32 per share. On Sep 17 ’24, another insider, Barnes Stephen H., who serves as the Chief Financial Officer of the company, sold 117 shares for $4.32 each. As a result, the insider received 505 and left with 201,394 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 335235200 and an Enterprise Value of 345190080. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.78 while its Price-to-Book (P/B) ratio in mrq is 0.76. Its current Enterprise Value per Revenue stands at 0.8 whereas that against EBITDA is -5.476.
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 $3.35. The 50-Day Moving Average of the stock is 5.67%, while the 200-Day Moving Average is calculated to be -47.66%.
Shares Statistics:
Over the past 3-months, ACCD traded about 1.58M shares per day on average, while over the past 10 days, ACCD traded about 837460 shares per day. A total of 78.07M shares are outstanding, with a floating share count of 68.68M. Insiders hold about 14.16% of the company’s shares, while institutions hold 69.95% stake in the company. Shares short for ACCD as of 1724976000 were 4239349 with a Short Ratio of 2.69, compared to 1722384000 on 3353623. Therefore, it implies a Short% of Shares Outstanding of 4239349 and a Short% of Float of 5.45.
