ViewRay Analysis

VRAYDelisted Stock  USD 0.04  0  5.67%   
ViewRay is overvalued with Real Value of 0.0395 and Hype Value of 0.04. The main objective of ViewRay delisted stock analysis is to determine its intrinsic value, which is an estimate of what ViewRay is worth, separate from its market price. There are two main types of ViewRay's stock analysis: fundamental analysis and technical analysis.
The ViewRay stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. ViewRay is usually not traded on Juneteenth Holiday, Independence Day, Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day. ViewRay Stock trading window is adjusted to America/New York timezone.
  
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

ViewRay Stock Analysis Notes

About 17.0% of the company outstanding shares are owned by insiders. The company recorded a loss per share of 0.26. ViewRay had not issued any dividends in recent years. The entity had 683:576 split on the 8th of July 2015. ViewRay, Inc. designs, manufactures, and markets magnetic resonance imaging guided radiation therapy systems to image and treat cancer patients in the United States, France, Taiwan, the United Kingdom, and internationally. The company was founded in 2004 and is headquartered in Oakwood, Ohio. Viewray operates under Medical Devices classification in the United States and is traded on NASDAQ Exchange. It employs 267 people. For more information please call Scott Drake at 440 703 3210 or visit https://www.viewray.com.

ViewRay Investment Alerts

ViewRay is not yet fully synchronised with the market data
ViewRay has some characteristics of a very speculative penny stock
ViewRay has a very high chance of going through financial distress in the upcoming years
The company reported the previous year's revenue of 102.21 M. Net Loss for the year was (107.33 M) with profit before overhead, payroll, taxes, and interest of 10.04 M.
ViewRay currently holds about 157.59 M in cash with (91.71 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.87, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Roughly 75.0% of the company outstanding shares are owned by institutional investors

ViewRay Upcoming and Recent Events

Earnings reports are used by ViewRay to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period..
1st of August 2023
Upcoming Quarterly Report
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7th of November 2023
Next Financial Report
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30th of June 2023
Next Fiscal Quarter End
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26th of February 2024
Next Fiscal Year End
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31st of March 2023
Last Quarter Report
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31st of December 2022
Last Financial Announcement
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ViewRay Market Capitalization

The company currently falls under 'Nano-Cap' category with a current market capitalization of 4.59 M.

ViewRay Profitablity

The company has Profit Margin (PM) of (1.04) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (1.02) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $1.02.

ViewRay Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific ViewRay insiders, such as employees or executives, is commonly permitted as long as it does not rely on ViewRay's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases ViewRay insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

ViewRay Outstanding Bonds

ViewRay issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. ViewRay uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most ViewRay bonds can be classified according to their maturity, which is the date when ViewRay has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

ViewRay Predictive Daily Indicators

ViewRay intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of ViewRay stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

About ViewRay Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how ViewRay prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling ViewRay shares will generate the highest return on investment. We also built our delisted stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Delisted Stock such as ViewRay. By using and applying ViewRay Stock analysis, traders can create a robust methodology for identifying ViewRay entry and exit points for their positions.
ViewRay, Inc. designs, manufactures, and markets magnetic resonance imaging guided radiation therapy systems to image and treat cancer patients in the United States, France, Taiwan, the United Kingdom, and internationally. The company was founded in 2004 and is headquartered in Oakwood, Ohio. Viewray operates under Medical Devices classification in the United States and is traded on NASDAQ Exchange. It employs 267 people.

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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding ViewRay to your portfolios without increasing risk or reducing expected return.

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Other Consideration for investing in ViewRay Stock

If you are still planning to invest in ViewRay check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the ViewRay's history and understand the potential risks before investing.
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