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After finishing at $1.37 in the prior trading day, Accuray Inc (NASDAQ: ARAY) closed at $1.31, down -4.03%. In other words, the price has decreased by -$4.03 from its previous closing price. On the day, 0.96 million shares were traded.
Ratios:
Our goal is to gain a better understanding of ARAY by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.71 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.09. For the most recent quarter (mrq), Quick Ratio is recorded 0.91 and its Current Ratio is at 1.63. In the meantime, Its Debt-to-Equity ratio is 4.32 whereas as Long-Term Debt/Eq ratio is at 4.03.
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:
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 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:
As of this moment, Accuray’s Price-to-Earnings (P/E) ratio for their current fiscal year is 222.03. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.29 while its Price-to-Book (P/B) ratio in mrq is 2.72.
Stock Price History:
Over the past 52 weeks, ARAY has reached a high of $2.95, while it has fallen to a 52-week low of $1.34. The 50-Day Moving Average of the stock is -23.67%, while the 200-Day Moving Average is calculated to be -31.65%.
Shares Statistics:
A total of 102.85M shares are outstanding, with a floating share count of 97.83M. Insiders hold about 4.86% of the company’s shares, while institutions hold 60.17% stake in the company.
