Traders Recap: Inovalon Holdings, Inc. (NASDAQ:INOV) , VIEWRAY INC’s (NASDAQ:VRAY)

On 4/19/2017, Shares of Inovalon Holdings, Inc. (NASDAQ:INOV) closed at $11.40 in last trading day. After noting the initial trading entry at $11.55, it reached to a day’s high of $12.10 and moved to a day’s low of $11.35. The recent daily volume was 475.43 thousand as contrast to it’s an average volume of 604.23 thousand.

Technical Indicators:

The last close of the Inovalon Holdings, Inc. stock reflects that it traded -5.63% from its 50-day moving average of $12.08. The stock traded below -9.46% to its 200-day MA of $12.59. Furthermore, it moved lower -43.14% from its 52-week high of $20.05 and +32.56% up from $8.60, which is 52-week low of the stock.

During the last month, INOVALON HOLDINGS, INC.’s (INOV) has changed -6.94% and performed -17.69% over the last 6 months. The mean rating score for this stock is at 3.30. This rating scale contains from 1 to 5 with 5 representing a Strong Sell, 1 signifying a Strong Buy and 3 demonstrating a Hold. The Volatility was noted at 4.00% in recent month and observed Weekly Volatility of 4.67%.

April 19, 2017  Inovalon (INOV), a leading technology company providing advanced, cloud-based platforms empowering a data-driven transformation from volume-based to value-based models across the healthcare ecosystem,  announced that it will hold a conference call for investors on Wednesday, May 3, 2017, at 5:00 p.m. Eastern Time. During the conference call, management will review highlights from the company’s first quarter 2017 financial results, which will be announced via press release after the close of market trading on Wednesday, May 3, 2017.

VIEWRAY INC’s (NASDAQ:VRAY) finalized the last transaction at value of $6.90, with a daily change of -1.43% or -0.10 points. The company maintained volume of 448.41 thousand shares. In past trading day, the stock hit the maximum price of $7.05 and touched to minimum value of $6.87. It has a market cap of $ 382.87M.

Technical Indicators:

As of last trade close, the stock is trading  downside -33.56% from its one year high of $10.39 and moved +161.36% upward from $2.64, which is one year low of the stock.

The stock traded below -1.81% from its 50-day moving average of $7.03. Furthermore, the stock moved up +47.36% to its 200-day MA of $ 4.68.

VIEWRAY INC’s (VRAY) moved with shift of -7.13% in the past week. Over the last three months, the shares of the company have changed 119.75% and performed 77.38% over the last six months. The stock currently has Monthly Volatility of 9.28% and Weekly Volatility of 6.05%.

ViewRay, Inc., through its subsidiary, ViewRay Technologies, Inc., designs, manufactures, and markets radiation therapy systems. It offers MRIdian, a radiation therapy solution that enables treatment and real-time imaging of a patient’s anatomy simultaneously. MRIdian integrates MRI technology, radiation delivery, and proprietary software to locate, target, and track the position and shape of soft-tissue tumors while radiation is delivered. Its customers include university research and teaching hospitals, community hospitals, private practices, government institutions, and freestanding cancer centers. The company markets its MRIdian through a direct sales force in the United States, as well as through distributors internationally. ViewRay, Inc. was founded in 2004 and is headquartered in Oakwood Village, Ohio.

 

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