ViewRay Inc. (NASDAQ:VRAY) went up by 5.31% from its latest closing price compared to the recent 1-year high of $8.25. The company’s stock price has collected -14.92% of loss in the last five trading sessions. Press Release reported 13 hours ago that ViewRay Announces Preliminary Fourth Quarter and Full Year 2021 Results
Is It Worth Investing in ViewRay Inc. (NASDAQ :VRAY) Right Now?
Plus, the 36-month beta value for VRAY is at 0.81. Opinions of the stock are interesting as 5 analysts out of 7 who provided ratings for ViewRay Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 2 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $8.57, which is $3.61 above the current price. VRAY currently public float of 123.23M and currently shorts hold a 6.38% ratio of that float. Today, the average trading volume of VRAY was 1.33M shares.
VRAY’s Market Performance
VRAY stocks went down by -14.92% for the week, with a monthly drop of -11.11% and a quarterly performance of -22.86%, while its annual performance rate touched -8.32%. The volatility ratio for the week stands at 8.18% while the volatility levels for the past 30 days are set at 5.52% for ViewRay Inc.. The simple moving average for the period of the last 20 days is -6.74% for VRAY stocks with a simple moving average of -15.49% for the last 200 days.
Analysts’ Opinion of VRAY
Many brokerage firms have already submitted their reports for VRAY stocks, with B. Riley Securities repeating the rating for VRAY by listing it as a “Neutral.” The predicted price for VRAY in the upcoming period, according to B. Riley Securities is $7 based on the research report published on October 14th of the previous year 2021.
Guggenheim gave a rating of “Buy” to VRAY, setting the target price at $7 in the report published on May 07th of the previous year.
VRAY Trading at -14.83% from the 50-Day Moving Average
After a stumble in the market that brought VRAY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -39.88% of loss for the given period.
Volatility was left at 5.52%, however, over the last 30 days, the volatility rate increased by 8.18%, as shares sank -8.32% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -30.63% lower at present.
During the last 5 trading sessions, VRAY fell by -14.92%, which changed the moving average for the period of 200-days by +7.83% in comparison to the 20-day moving average, which settled at $5.30. In addition, ViewRay Inc. saw -9.98% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at VRAY starting from Stassen Zachary William, who purchase 17,857 shares at the price of $5.60 back on Nov 19. After this action, Stassen Zachary William now owns 465,290 shares of ViewRay Inc., valued at $99,999 using the latest closing price.
Drake Scott William, the President & CEO of ViewRay Inc., purchase 89,285 shares at $5.60 during a trade that took place back on Nov 19, which means that Drake Scott William is holding 3,716,281 shares at $499,996 based on the most recent closing price.
Stock Fundamentals for VRAY
Current profitability levels for the company are sitting at:
- -185.87 for the present operating margin
- -18.38 for the gross margin
The net margin for ViewRay Inc. stands at -189.26. The total capital return value is set at -43.90, while invested capital returns managed to touch -45.25. Equity return is now at value -79.10, with -40.30 for asset returns.
Based on ViewRay Inc. (VRAY), the company’s capital structure generated 52.26 points at debt to equity in total, while total debt to capital is 34.32. Total debt to assets is 26.03, with long-term debt to equity ratio resting at 50.65. Finally, the long-term debt to capital ratio is 33.27.
When we switch over and look at the enterprise to sales, we see a ratio of 10.94, with the company’s debt to enterprise value settled at 0.14. The receivables turnover for the company is 3.45 and the total asset turnover is 0.19. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.91.