Accolade Inc (NASDAQ: ACCD) has seen a rise in its stock price by 5.00 in relation to its previous close of 3.40. However, the company has experienced a 9.17% gain in its stock price over the last five trading sessions. globenewswire.com reported 2024-12-16 that SEATTLE, Dec. 16, 2024 (GLOBE NEWSWIRE) — Accolade, Inc. (NASDAQ: ACCD) today announced that it will release fiscal third quarter 2025 financial results on Thursday, January 9, 2024 after the market closes. In conjunction, the company will host a conference call to review results at 4:30 p.m. E.T. on the same day.
Is It Worth Investing in Accolade Inc (NASDAQ: ACCD) Right Now?
The 36-month beta value for ACCD is also noteworthy at 2.08. There are mixed opinions on the stock, with 8 analysts rating it as a “buy,” 3 rating it as “overweight,” 3 rating it as “hold,” and 0 rating it as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for ACCD is 69.11M, and at present, short sellers hold a 4.49% of that float. The average trading volume of ACCD on December 27, 2024 was 1.33M shares.
ACCD’s Market Performance
ACCD stock saw a decrease of 9.17% in the past week, with a monthly decline of -6.05% and a quarterly a decrease of -7.51%. The volatility ratio for the week is 6.00%, and the volatility levels for the last 30 days are 5.06% for Accolade Inc (ACCD). The simple moving average for the last 20 days is 0.56% for ACCD stock, with a simple moving average of -32.74% for the last 200 days.
Analysts’ Opinion of ACCD
Many brokerage firms have already submitted their reports for ACCD stocks, with Needham repeating the rating for ACCD by listing it as a “Buy.” The predicted price for ACCD in the upcoming period, according to Needham is $8 based on the research report published on June 28, 2024 of the current year 2024.
Leerink Partners, on the other hand, stated in their research note that they expect to see ACCD reach a price target of $16. The rating they have provided for ACCD stocks is “Outperform” according to the report published on February 26th, 2024.
DA Davidson gave a rating of “Neutral” to ACCD, setting the target price at $14 in the report published on January 17th of the current year.
ACCD Trading at 2.01% from the 50-Day Moving Average
After a stumble in the market that brought ACCD to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -76.76% of loss for the given period.
Volatility was left at 5.06%, however, over the last 30 days, the volatility rate increased by 6.00%, as shares sank -5.31% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -4.80% lower at present.
During the last 5 trading sessions, ACCD rose by +9.17%, which changed the moving average for the period of 200-days by -62.06% in comparison to the 20-day moving average, which settled at $3.55. In addition, Accolade Inc saw -70.27% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ACCD starting from Barnes Stephen H., who sale 123 shares at the price of $3.43 back on Dec 17 ’24. After this action, Barnes Stephen H. now owns 220,463 shares of Accolade Inc, valued at $422 using the latest closing price.
Cavanaugh Robert N, the President of Accolade Inc, sale 156 shares at $3.43 during a trade that took place back on Dec 17 ’24, which means that Cavanaugh Robert N is holding 213,295 shares at $535 based on the most recent closing price.
Stock Fundamentals for ACCD
Current profitability levels for the company are sitting at:
- -0.21 for the present operating margin
- 0.43 for the gross margin
The net margin for Accolade Inc stands at -0.18. The total capital return value is set at -0.14. Equity return is now at value -18.61, with -9.95 for asset returns.
Based on Accolade Inc (ACCD), the company’s capital structure generated 0.34 points at debt to capital in total, while cash flow to debt ratio is standing at 0.04. The debt to equity ratio resting at 0.51. The interest coverage ratio of the stock is -28.29.
Currently, EBITDA for the company is -71.19 million with net debt to EBITDA at -1.28. When we switch over and look at the enterprise to sales, we see a ratio of 0.8. The receivables turnover for the company is 17.49for trailing twelve months and the total asset turnover is 0.58. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.68.
Conclusion
In summary, Accolade Inc (ACCD) has had a bad performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
