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As of close of business last night, Accolade Inc’s stock clocked out at $4.18, down -2.11% from its previous closing price of $4.27. In other words, the price has decreased by -$2.11 from its previous closing price. On the day, 0.54 million shares were traded. ACCD stock price reached its highest trading level at $4.29 during the session, while it also had its lowest trading level at $4.125.
Ratios:
To gain a deeper understanding of ACCD’s stock, we examine 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Aug 19 ’24 when Barnes Stephen H. sold 119 shares for $4.14 per share. The transaction valued at 493 led to the insider holds 199,435 shares of the business.
Cavanaugh Robert N sold 153 shares of ACCD for $634 on Aug 19 ’24. The President now owns 193,659 shares after completing the transaction at $4.14 per share. On Aug 19 ’24, another insider, SINGH RAJEEV, who serves as the Chief Executive Officer of the company, sold 373 shares for $4.14 each. As a result, the insider received 1,546 and left with 784,765 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 334435104 and an Enterprise Value of 344390016. 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 0.798 whereas that against EBITDA is -5.463.
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 -6.22%, while the 200-Day Moving Average is calculated to be -50.05%.
Shares Statistics:
It appears that ACCD traded 1.52M shares on average per day over the past three months and 1151560 shares per day over the past ten days. A total of 78.07M shares are outstanding, with a floating share count of 68.63M. Insiders hold about 14.22% of the company’s shares, while institutions hold 69.96% stake in the company. Shares short for ACCD as of 1722384000 were 3353623 with a Short Ratio of 2.20, compared to 1719532800 on 3756509. Therefore, it implies a Short% of Shares Outstanding of 3353623 and a Short% of Float of 4.31.
