The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
The price of Accolade Inc (NASDAQ: ACCD) closed at $6.86 in the last session, up 0.07% from day before closing price of $6.86. In other words, the price has increased by $0.07 from its previous closing price. On the day, 2.23 million shares were traded. ACCD stock price reached its highest trading level at $6.88 during the session, while it also had its lowest trading level at $6.85.
Ratios:
We take a closer look at ACCD’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 2.59 and its Current Ratio is at 2.59. In the meantime, Its Debt-to-Equity ratio is 0.76 whereas as Long-Term Debt/Eq ratio is at 0.74.
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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jan 13 ’25 when Barnes Stephen H. sold 284 shares for $6.88 per share. The transaction valued at 1,954 led to the insider holds 221,983 shares of the business.
Cavanaugh Robert N sold 256 shares of ACCD for $1,761 on Jan 13 ’25. The President now owns 214,765 shares after completing the transaction at $6.88 per share. On Jan 13 ’25, another insider, SINGH RAJEEV, who serves as the Chief Executive Officer of the company, sold 541 shares for $6.88 each. As a result, the insider received 3,722 and left with 819,588 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 560316608 and an Enterprise Value of 556942400. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.25 while its Price-to-Book (P/B) ratio in mrq is 1.78. Its current Enterprise Value per Revenue stands at 1.263 whereas that against EBITDA is -10.387.
Stock Price History:
The Beta on a monthly basis for ACCD is 2.07, which has changed by -0.41609883 over the last 52 weeks, in comparison to a change of 0.22677135 over the same period for the S&P500. Over the past 52 weeks, ACCD has reached a high of $13.93, while it has fallen to a 52-week low of $3.08. The 50-Day Moving Average of the stock is 74.46%, while the 200-Day Moving Average is calculated to be 37.20%.
Shares Statistics:
According to the various share statistics, ACCD traded on average about 1.80M shares per day over the past 3-months and 5208790 shares per day over the past 10 days. A total of 81.19M shares are outstanding, with a floating share count of 70.08M. Insiders hold about 14.19% of the company’s shares, while institutions hold 72.68% stake in the company. Shares short for ACCD as of 1734048000 were 3106106 with a Short Ratio of 1.90, compared to 1731628800 on 3638993. Therefore, it implies a Short% of Shares Outstanding of 3106106 and a Short% of Float of 3.9699999999999998.
