TheScreener - Accuray (ARAY) Increased risk weighs on ACCURAY, penalising its rating down to Slightly Negative

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Increased risk weighs on ACCURAY, penalising its rating down to Slightly Negative

The independent financial analyst theScreener just lowered the general evaluation of ACCURAY (US), active in the Medical Equipment industry. As regards its fundamental valuation, the title still shows 1 out of 4 possible stars. Its market behaviour, however, has slightly deteriorated and will be qualified as risky moving forward. theScreener considers that these new qualifications justify an overall rating downgrade to Slightly Negative. As of the analysis date September 10, 2021, the closing price was USD 3.66 and its target price was estimated at USD 2.79.

11/09/2021 1 EN

Underlying

Accuray

Accuray is a radiation oncology company that develops, manufactures, sells and supports treatment solutions for radiation therapy care. The company's technologies are: CyberKnife Systems, which automatically track, detect and correct for tumor and patient movement in real-time during the procedure, enabling delivery of high dose radiation with sub-millimeter accuracy while patients breathe normally, without manual user intervention; and TomoTherapy Systems, including the Radixact System, which represents a radiation therapy platform specifically designed for image-guided intensity-modulated radiation therapy. The company also provides its Onrad Treatment Delivery System in China.

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US0043971052 NASDAQ Stock Market United States

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TheScreener

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Increased risk weighs on ACCURAY, penalising its rating down to Slightly Negative

Empowering Investors

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Monthly LMI Update Independent Investment Research

AC ENERGY CORP increases its risk exposure and slightly lowers to Neutral

With a more favourable environment, VUKILE PROPERTY improves to Positive

An unfavourable environment weighs on ROYAL BAFOKENG PLATINUM, which sees a downgrade to Slightly Negative

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