Accuray Inc’s recently made public that its Officer Hoge Michael acquired Company’s shares for reported $0.56 million on Feb 11 ’25. In the deal valued at $2.30 per share,242,590 shares were bought.
Then, Pervaiz Ali sold 8,404 shares, generating $17,276 in total proceeds. Upon selling the shares at $2.06, the SVP Chief Financial Officer now owns 394,138 shares.
Before that, Pervaiz Ali sold 2,701 shares. Accuray Inc shares valued at $4,597 were divested by the SVP Chief Financial Officer at a price of $1.70 per share. As a result of the transaction, Pervaiz Ali now holds 402,542 shares, worth roughly $0.81 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 Tuesday, Accuray Inc [NASDAQ:ARAY] saw its stock fall -1.94% to $2.02. Over the last five days, the stock has lost -9.42%. Accuray Inc shares have risen nearly 2.02% since the year began. Nevertheless, the stocks have fallen -22.61% over the past one year. While a 52-week high of $2.95 was reached on 02/06/25, a 52-week low of $1.40 was recorded on 01/02/25. SMA at 50 days reached $2.15, while 200 days put it at $1.92.
Levels Of Support And Resistance For ARAY Stock
The 24-hour chart illustrates a support level at 1.98, which if violated will result in even more drops to 1.93. On the upside, there is a resistance level at 2.08. A further resistance level may holdings at 2.13. The Relative Strength Index (RSI) on the 14-day chart is 39.21, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.22, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 96.88%. Stochastics %K at 2.93% indicates the stock is a buying.
