How Does Accolade Inc’s (NASDAQ: ACCD) Short-Term Prospect Look Like?

Accolade Inc (NASDAQ:ACCD) traded at $7.89 at close of the session on Friday, April 26, made a downward move of -14.15% on its previous day’s price.

Looking at the stock we see that its previous close was $9.19 . In terms of its 52-week price range, ACCD has a high of $17.00 and a low of $6.33. The company’s stock has lost about -21.02% over that past 30 days.

Accolade Inc has a market cap of $610.76 million. Estimates by analysts give the company expected earnings per share (EPS) of -$0.39, with the EPS growth for the year raised at -$1.05 for 2025 and -$0.98 for next year. These figures represent 21.10% and 6.70% growth in EPS for the two years respectively.

Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $110.38 million, with a low of $104.33 million and a high of $113.2 million. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2025 is expected to hit $492.92 million, or 19.00% up from figures reported last year.

On the other hand, looking at the outlook for the ACCD stock, short term indicators assign the stock an average of 100% Sell, while medium term indicators assign it an average of 100% Sell. Long term indicators on average place the stock in the category of 75% Sell.

Looking further, we note the current price level is -14.20% off its SMA20 and -19.65% from its 50-day simple moving average. The RSI (14) is pointing at 33.30 while the volatility over the past week is 7.28% and jumps to 5.75% over the past one month. The beta value is 2.14, while the average true range (ATR) is currently pointing at 0.60.

Coming back to Accolade Inc (NASDAQ:ACCD), we note that the average 3-month trading volume was 625.56K. Current shares outstanding are 78.07 million.

The insiders hold 9.98% of the company’s shares while institutions hold 79.15%. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -34.30% down in year-to-date price movement.

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