In recent trading session, Accuray Inc (NASDAQ:ARAY) saw 2.02 million shares changing hands at last check today with its beta currently measuring 1.49. Company’s recent per share price level of $1.65 trading at -$0.52 or -23.73% at last check today assigns it a market valuation of $164.13M. That closing price of ARAY’s stock is at a discount of -160.61% from its 52-week high price of $4.30 and is indicating a discount of -27.27% from its 52-week low price of $2.10. Taking a look at company’s average trading volume volume of 478.58K if we extend that period to 3-months.
Accuray Inc (NASDAQ:ARAY) trade information
Upright in the red during last session for losing -23.73%, in the last five days ARAY remained trading in the red while hitting it’s week-highest on Friday, 04/26/24 when the stock touched $1.65 price level, adding 26.01% to its value on the day. Accuray Inc’s shares saw a change of -41.52% in year-to-date performance and have moved -24.08% in past 5-day. Accuray Inc (NASDAQ:ARAY) showed a performance of -31.04% in past 30-days.
Accuray Inc (ARAY) estimates and forecasts
Statistics highlight that Accuray Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -37.31% of value to its shares in past 6 months, showing an annual growth rate of 30.00% while that of industry is 14.40. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 3.20% from the last financial year’s standing.
4 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 137.37M for the same. And 1 analysts are in estimates of company making revenue of 109.5M in the next quarter. Company posted 118.29M and 103.89M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 19.06% during past 5 years.
ARAY Dividends
Accuray Inc is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
