Array Technologies Inc (ARRY) concluded trading on Tuesday at a closing price of $5.90, with 2.26 million shares of worth about $13.34 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -42.75% during that period and on December 24, 2024 the price saw a loss of about -3.28%. Currently the company’s common shares owned by public are about 151.93M shares, out of which, 149.38M shares are available for trading.
Stock saw a price change of 8.74% in past 5 days and over the past one month there was a price change of -10.28%. Year-to-date (YTD), ARRY shares are showing a performance of -64.59% which decreased to -65.52% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $5.15 but also hit the highest price of $17.75 during that period. The average intraday trading volume for Array Technologies Inc shares is 6.55 million. The stock is currently trading -0.76% below its 20-day simple moving average (SMA20), while that difference is down -7.14% for SMA50 and it goes to -37.26% lower than SMA200.
Array Technologies Inc (NASDAQ: ARRY) currently have 151.93M outstanding shares and institutions hold larger chunk of about 119.74% of that.
The stock has a current market capitalization of $867.07M and its 3Y-monthly beta is at 1.61. It has posted earnings per share of -$0.98 in the same period. It has Quick Ratio of 1.88 while making debt-to-equity ratio of 1.48. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ARRY, volatility over the week remained 7.93% while standing at 7.00% over the month.
Stock’s fiscal year EPS is expected to drop by -46.01% while it is estimated to increase by 159.11% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by TD Cowen on November 08, 2024 offering a Hold rating for the stock and assigned a target price range of between $11.50 and $10 to it. On November 07, 2024, BofA Securities Downgrade their recommendations, while on September 04, 2024, Jefferies Resumed their ratings for the stock with a price target of $11. Stock get a Hold rating from TD Cowen on August 09, 2024.
