Accolade Inc (NASDAQ:ACCD) At $7.54: What To Do?

In last trading session, Accolade Inc (NASDAQ:ACCD) saw 0.68 million shares changing hands with its beta currently measuring 2.15. Company’s recent per share price level of $7.54 trading at $0.28 or 3.86% at ring of the bell on the day assigns it a market valuation of $590.83M. That closing price of ACCD’s stock is at a discount of -103.71% from its 52-week high price of $15.36 and is indicating a premium of 16.05% from its 52-week low price of $6.33. Taking a look at company’s average trading volume volume of 659.81K if we extend that period to 3-months.

Accolade Inc (NASDAQ:ACCD) trade information

Upright in the green during last session for gaining 3.86%, in the last five days ACCD remained trading in the red while hitting it’s week-highest on Monday, 04/29/24 when the stock touched $7.54 price level, adding 9.81% to its value on the day. Accolade Inc’s shares saw a change of -37.22% in year-to-date performance and have moved -4.44% in past 5-day. Accolade Inc (NASDAQ:ACCD) showed a performance of -18.49% in past 30-days.

Accolade Inc (ACCD) estimates and forecasts

Statistics highlight that Accolade Inc is scoring comparatively lower than the scores of other players of the relevant industry. The company added 12.71% of value to its shares in past 6 months, showing an annual growth rate of 6.77% while that of industry is 19.10. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 18.40% from the last financial year’s standing.

14 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 105.27M for the same. And 14 analysts are in estimates of company making revenue of 113.18M in the next quarter.

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 -2.85% during past 5 years. In 2024, company’s earnings growth rate is likely to be around 7.20% while estimates for its earnings growth in next 5 years are of -0.90%.

ACCD Dividends

Accolade 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.