Currently, there are 151.93M common shares owned by the public and among those 149.42M shares have been available to trade.
The company’s stock has a 5-day price change of -5.89% and 10.81% over the past three months. ARRY shares are trading 13.74% year to date (YTD), with the 12-month market performance down to -51.48% lower. It has a 12-month low price of $5.15 and touched a high of $16.22 over the same period. ARRY has an average intraday trading volume of 5.66 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -2.43%, 6.10%, and -18.56% respectively.
Institutional ownership of Array Technologies Inc (NASDAQ: ARRY) shares accounts for 125.88% of the company’s 151.93M shares outstanding.
It has a market capitalization of $1.04B and a beta (3y monthly) value of 1.63. The earnings-per-share (ttm) stands at -$0.98. Price movements for the stock have been influenced by the stock’s volatility, which stands at 7.97% over the week and 8.06% over the month.
Earnings per share for the fiscal year are expected to decrease by -45.90%, and 23.71% over the next financial year.
Looking at the support for the ARRY, a number of firms have released research notes about the stock. Exane BNP Paribas stated their Neutral rating for the stock in a research note on February 06, 2025, with the firm’s price target at $9. Susquehanna coverage for the Array Technologies Inc (ARRY) stock in a research note released on January 10, 2025 offered a Neutral rating with a price target of $7. BofA Securities on their part issued Neutral rating on November 07, 2024.
