ViewRay, Inc. (NASDAQ:VRAY) went up by 11.94% from its latest closing price when compared to the 1-year high value of $10.73 and move down -209.22%, while VRAY stocks collected -53.17% of loss with the last five trading sessions.

ViewRay, Inc. (NASDAQ:VRAY) Worth an Investment?

ViewRay, Inc. (NASDAQ: VRAY) The 36 Months beta value for VRAY stocks is at 1.01, while 8 of the analysts out of 10 who provided ratings for ViewRay, Inc. stocks as a “buy” while 1 as overweight, 1 rated it as hold and 0 as sell. The average price we get from analysts is $6.80 which is $9.33 above current price. VRAY currently has a short float of 32.42% and public float of 69.42M with average trading volume of 1.33M shares.

VRAY Market Performance

VRAY stocks went down by -53.17% for the week, with the monthly drop of -62.16% and a quarterly performance of -57.63%, while its annual performance rate touched -64.56%. The simple moving average for the period of the last 20 days is -59.00% for VRAY stocks with the simple moving average of -55.35% for the last 200 days.

Analysts’ Opinion on ViewRay, Inc. (NASDAQ:VRAY)

Many brokerage firms have already submitted their reports for VRAY stocks, with Piper Jaffray repeating the rating for VRAY shares by setting it to “Overweight”. The predicted price for VRAY socks in the upcoming period according to Piper Jaffray is $15 based on the research report published on June 18, 2019.

B. Riley FBR, on the other hand, stated in their research note that they expect to see VRAY stock at the price of $12, previously predicting the value of $13.75. The rating they have provided for VRAY stocks is “Buy” according to the report published on March 15, 2019.

Morgan Stanley gave “Equal-Weight” rating to VRAY stocks, setting the target price at $7 in the report published on December 11, 2018.

VRAY Stocks -59.63% Far from 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, ViewRay, Inc. was unable to take a rebound, for now settling with -67.66% of loss for the given period.

The stock volatility was left at 7.61%, however, within the period of a single month, the volatility rate increased by 18.14%, while the shares sank at the distance of -62.89% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by -58.69% lower at the present time.

In the course of the last 5 trading sessions, VRAY went down by -53.17%, which changed the moving average for the period of 200 days to the total of -58.54% of losses for the stock in comparison to the 20-day moving average settled at $8.17. In addition, ViewRay, Inc. saw -42.83% in overturn over the period of a single year with a tendency to cut further losses.

VRAY Stock Fundamentals

The current profitability levels are settled at -92.75 for the present operating margin and +8.16 for gross margin. The net margin for ViewRay, Inc. stands at -94.36. Total capital return value is set at -55.80, while invested capital returns managed to touch -56.77. Equity return holds the value -60.40%, with -30.40% for asset returns.

Based on ViewRay, Inc. (VRAY), the company’s capital structure generated 33.09 points for debt to equity in total, while total debt to capital is set at the value of 24.86. Total debt to assets is settled at the value of 18.77 with long-term debt to equity ratio rests at 33.09 and long-term debt to capital is 24.86.

The value for Enterprise to Sales is 2.12 with debt to enterprise value settled at 0.15. The receivables turnover for ViewRay, Inc. is 2.83 with the total asset turnover at the value of 0.38. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.97.