ARAY
Accuray Incorporated Healthcare - Medical Devices Investor Relations →
Accuray Incorporated (ARAY) closed at $0.62 as of 2026-02-02, trading 71.7% below its 200-week moving average of $2.19. This places ARAY in the extreme value zone. The stock is currently moving closer to the line, down from -63.3% last week. With a 14-week RSI of 14, ARAY is in oversold territory.
Over the past 943 weeks of data, ARAY has crossed below its 200-week moving average 20 times. On average, these episodes lasted 36 weeks. The average one-year return after crossing below was -13.8%, suggesting these dips have not historically been reliable buying opportunities for this stock.
With a market cap of $70 million, ARAY is a small-cap stock. Return on equity stands at -70.3%. The stock trades at 1.4x book value.
Share count has increased 20.5% over three years, indicating dilution.
Over the past 18.2 years, a hypothetical investment of $100 in ARAY would have grown to $6, compared to $702 for the S&P 500. ARAY has returned -14.3% annualized vs 11.3% for the index, underperforming the broader market over this period.
Free cash flow has been volatile over the past several years, making the quality of earnings harder to assess.
Growth of $100: ARAY vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After ARAY Crosses Below the Line?
Across 20 historical episodes, buying ARAY when it crossed below its 200-week moving average produced an average return of -13.7% after 12 months (median -13.0%), compared to +7.4% for the S&P 500 over the same periods. 30% of those episodes were profitable after one year. After 24 months, the average return was -7.3% vs +29.4% for the index.
Each line shows $100 invested at the moment ARAY crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
ARAY has crossed below its 200-week MA 20 times with an average 1-year return of +-13.8% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Jan 2008 | Jan 2011 | 159 | 71.2% | -67.2% | -96.2% |
| May 2011 | Jun 2011 | 8 | 10.6% | -11.4% | -92.2% |
| Jul 2011 | Feb 2012 | 28 | 48.9% | -6.4% | -91.0% |
| Feb 2012 | Mar 2012 | 1 | 0.3% | -35.3% | -90.4% |
| May 2012 | Jun 2012 | 5 | 7.3% | -11.6% | -89.6% |
| Jul 2012 | Jul 2012 | 1 | 0.1% | -10.6% | -90.2% |
| Jul 2012 | Aug 2012 | 1 | 0.6% | +0.6% | -90.1% |
| Aug 2012 | Sep 2012 | 4 | 7.8% | +4.0% | -89.8% |
| Nov 2012 | Dec 2012 | 4 | 3.1% | +32.4% | -90.1% |
| Dec 2012 | Aug 2013 | 34 | 34.7% | +37.4% | -90.2% |
| Oct 2014 | Nov 2014 | 2 | 7.9% | +5.8% | -90.2% |
| Dec 2014 | Dec 2014 | 1 | 1.2% | +0.6% | -90.8% |
| May 2015 | Jun 2015 | 5 | 9.0% | -21.6% | -90.4% |
| Jun 2015 | Nov 2015 | 18 | 23.9% | -24.6% | -90.9% |
| Nov 2015 | Feb 2019 | 170 | 40.8% | -22.1% | -90.9% |
| Mar 2019 | Nov 2020 | 89 | 64.1% | -41.5% | -87.0% |
| Aug 2021 | Aug 2021 | 2 | 5.5% | -26.6% | -83.0% |
| Sep 2021 | Sep 2021 | 2 | 4.9% | -35.0% | -83.1% |
| Jan 2022 | Apr 2023 | 65 | 51.0% | -28.5% | -82.1% |
| Aug 2023 | Ongoing | 131+ | 71.7% | Ongoing | -79.9% |
| Average | 36 | — | +-13.8% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02