What Does Stochastic %K say about ViewRay, Inc. (NASDAQ:VRAY)?


Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of ViewRay, Inc. (NASDAQ:VRAY) for the period of 9-Day stands at 52.43% while the stochastic %D for the same period stands at 32.48%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of ViewRay, Inc. (NASDAQ:VRAY) signals “Sell” while other important signals like the 20-Day Moving Average Vs. Price signals “Buy”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Buy” for ViewRay, Inc. (NASDAQ:VRAY) while 20-100 Day MACD Oscillator indicates “Buy”.

Bollinger band is a volatility indicator of a certain security, currently ViewRay, Inc. (NASDAQ:VRAY)’s 20-Day Bollinger Band indicates “Hold”.

About Company

ViewRay Inc. is a medical device company. The company develops advanced radiation therapy technology for the treatment of cancer. MRIdian system provides continuous soft-tissue imaging during treatment. ViewRay Inc. is headquartered in Oakwood Village, Ohio.

Previous Day Activity Analysis

On the last trading day, ViewRay, Inc. (NASDAQ:VRAY) opened the session at $6.24 and after going up 2.27% closed at $6.31. The stock gained 0.07 points in the last trade.

ViewRay, Inc. (NASDAQ:VRAY)’s stock fluctuated in the range of $5.97 and $6.32 during the previous active session. ViewRay, Inc. (NASDAQ:VRAY) traded with the volume of 1.13 Million with average volume of 630.98 Million. The stock has MEDIUM volatility on the last trading session.

Currently the Beta for the company remains at 0 while ATR (Average True Range) and RSI (Relative Strength Index) are at 0.32 and 58.2 respectively.

Currently the Insider Ownership of the shares of ViewRay, Inc. (NASDAQ:VRAY) is at 0.3% and the shares outstanding are 61.9 Million.

Important Ratio Analysis

Some important ratios to consider here for ViewRay, Inc. (NASDAQ:VRAY) are discussed below:

Dividend yield of ViewRay, Inc. (NASDAQ:VRAY) stands at 0% whereas Price to Earnings P/E ratio stands at 0 while Forward P/E shows the value of 0.

The Price to Sale P/S and Price to Book P/B shows the value of 21.23 and 0 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 7.25 and 0 correspondingly.

The Quick Ratio of ViewRay, Inc. (NASDAQ:VRAY) stands at 1.3 while the Current Ratio depicts the value of 1.7.

Return on Assets ROA of ViewRay, Inc. (NASDAQ:VRAY) is at -81.7% whereas, Return on Equity ROE and Return of Investment ROI of ViewRay, Inc. (NASDAQ:VRAY) stand at 202.9% and 0% respectively.

Stock Performance Analysis

The stock performance of ViewRay, Inc. (NASDAQ:VRAY) on the basis of 5 day trade show the jump of 1.94% whereas, the monthly performance of the stock shows increase of 7.86%.

The quarterly performance of the stock remained in green zone with the value of 12.68% while six month performance of the shares of ViewRay, Inc. (NASDAQ:VRAY) remained bearish with the count of -9.47%.

The yearly and YTD performance of ViewRay, Inc. (NASDAQ:VRAY) remained up at 62.63% and 101.6% respectively.