Accuray Inc’s filing revealed that its SVP Chief Financial Officer Pervaiz Ali unloaded Company’s shares for reported $4597.0 on Jun 04 ’24. In the deal valued at $1.70 per share,2,701 shares were sold. As a result of this transaction, Pervaiz Ali now holds 402,542 shares worth roughly $0.75 million.
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
Then, WHITTERS JOSEPH E bought 50,000 shares, generating $79,000 in total proceeds. Upon buying the shares at $1.58, the Director now owns 561,053 shares.
Before that, WHITTERS JOSEPH E bought 50,000 shares. Accuray Inc shares valued at $77,045 were divested by the Director at a price of $1.54 per share. As a result of the transaction, WHITTERS JOSEPH E now holds 511,053 shares, worth roughly $0.96 million.
ROTH MKM initiated its Accuray Inc [ARAY] rating to a Buy in a research note published on February 13, 2024; the price target was $9. A number of analysts have revised their coverage, including B. Riley Securities’s analysts, who began to cover the stock in late June with a ‘”a Buy”‘ rating. Loop Capital began covering ARAY with “Buy” recommendation on December 22, 2021. BTIG Research revised its rating on January 21, 2020. It rated ARAY as “a Buy” which previously was an “a Neutral”.
Price Performance Review of ARAY
On Monday, Accuray Inc [NASDAQ:ARAY] saw its stock jump 8.09% to $1.87. Over the last five days, the stock has gained 5.06%. Accuray Inc shares have fallen nearly -33.92% since the year began. Nevertheless, the stocks have fallen -52.30% over the past one year. While a 52-week high of $4.30 was reached on 01/23/24, a 52-week low of $1.46 was recorded on 05/24/24. SMA at 50 days reached $1.8776, while 200 days put it at $2.4946. A total of 0.54 million shares were traded, compared to the trading of 0.48 million shares in the previous session.
Levels Of Support And Resistance For ARAY Stock
The 24-hour chart illustrates a support level at 1.7533, which if violated will result in even more drops to 1.6367. On the upside, there is a resistance level at 1.9333. A further resistance level may holdings at 1.9967. The Relative Strength Index (RSI) on the 14-day chart is 56.70, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.0417, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 25.00%. Stochastics %K at 60.44% indicates the stock is a holding.
