Array Technologies Inc (ARRY) concluded trading on Thursday at a closing price of $7.62, with 5.35 million shares of worth about $40.74 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -15.14% during that period and on February 06, 2025 the price saw a gain of about 11.73%. Currently the company’s common shares owned by public are about 151.93M shares, out of which, 149.42M shares are available for trading.
Stock saw a price change of 2.01% in past 5 days and over the past one month there was a price change of 14.76%. Year-to-date (YTD), ARRY shares are showing a performance of 26.16% which decreased to -41.65% 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 $16.22 during that period. The average intraday trading volume for Array Technologies Inc shares is 6.47 million. The stock is currently trading 9.64% above its 20-day simple moving average (SMA20), while that difference is up 18.07% for SMA50 and it goes to -10.44% lower than SMA200.
Array Technologies Inc (NASDAQ: ARRY) currently have 151.93M outstanding shares and institutions hold larger chunk of about 123.98% of that.
The stock has a current market capitalization of $1.16B and its 3Y-monthly beta is at 1.64. 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 8.97% while standing at 8.18% over the month.
Stock’s fiscal year EPS is expected to drop by -45.90% while it is estimated to increase by 23.71% 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 Exane BNP Paribas on Feb-07-25 offering a Neutral rating for the stock and assigned a target price of $9 to it. Coverage by Susquehanna stated Array Technologies Inc (ARRY) stock as a Neutral in their note to investors on January 10, 2025, suggesting a price target of $7 for the stock. Stock get a Neutral rating from BofA Securities on November 07, 2024.
