ViewRay Inc. (NASDAQ:VRAY) went up by 14.00% from its latest closing price compared to the recent 1-year high of $8.25. The company’s stock price has collected 11.04% of gains in the last five trading sessions.
Is It Worth Investing in ViewRay Inc. (NASDAQ :VRAY) Right Now?
Plus, the 36-month beta value for VRAY is at 1.12. 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 $6.71, which is $3.29 above the current price. VRAY currently public float of 175.24M and currently shorts hold a 5.10% ratio of that float. Today, the average trading volume of VRAY was 1.37M shares.
VRAY’s Market Performance
VRAY stocks went up by 11.04% for the week, with a monthly jump of 19.58% and a quarterly performance of 28.09%, while its annual performance rate touched -49.63%. The volatility ratio for the week stands at 9.11% while the volatility levels for the past 30 days are set at 6.64% for ViewRay Inc. The simple moving average for the period of the last 20 days is 16.54% for VRAY stocks with a simple moving average of -18.52% for the last 200 days.
Analysts’ Opinion of VRAY
Many brokerage firms have already submitted their reports for VRAY stocks, with Stifel repeating the rating for VRAY by listing it as a “Buy.” The predicted price for VRAY in the upcoming period, according to Stifel is $7 based on the research report published on January 25th of the current year 2022.
B. Riley Securities, on the other hand, stated in their research note that they expect to see VRAY reach a price target of $7. The rating they have provided for VRAY stocks is “Buy” according to the report published on January 11th, 2022.
B. Riley Securities gave a rating of “Neutral” to VRAY, setting the target price at $7 in the report published on October 14th of the previous year.
VRAY Trading at 19.13% 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 -58.55% of loss for the given period.
Volatility was left at 6.64%, however, over the last 30 days, the volatility rate increased by 9.11%, as shares surge +22.14% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +14.38% upper at present.
During the last 5 trading sessions, VRAY rose by +11.04%, which changed the moving average for the period of 200-days by -43.56% in comparison to the 20-day moving average, which settled at $2.97. In addition, ViewRay Inc. saw -37.93% 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 SCHNABEL SUSAN C, who purchase 20,000 shares at the price of $2.93 back on May 20. After this action, SCHNABEL SUSAN C now owns 113,279 shares of ViewRay Inc., valued at $58,518 using the latest closing price.
SCHNABEL SUSAN C, the Director of ViewRay Inc., purchase 10,000 shares at $2.89 during a trade that took place back on May 19, which means that SCHNABEL SUSAN C is holding 93,279 shares at $28,898 based on the most recent closing price.
Stock Fundamentals for VRAY
Current profitability levels for the company are sitting at:
- -147.82 for the present operating margin
- -8.06 for the gross margin
The net margin for ViewRay Inc. stands at -156.94. Equity return is now at value -76.00, with -37.80 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 3.68.