Currently, there are 151.95M common shares owned by the public and among those 149.50M shares have been available to trade.
The company’s stock has a 5-day price change of 10.97% and 5.03% over the past three months. ARRY shares are trading 3.81% year to date (YTD), with the 12-month market performance down to -52.57% lower. It has a 12-month low price of $4.89 and touched a high of $15.35 over the same period. ARRY has an average intraday trading volume of 5.61 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 -0.95%, -5.37%, and -20.23% respectively.
Institutional ownership of Array Technologies Inc (NASDAQ: ARRY) shares accounts for 119.45% of the company’s 151.95M shares outstanding.
It has a market capitalization of $953.13M and a beta (3y monthly) value of 1.49. The earnings-per-share (ttm) stands at -$1.95. Price movements for the stock have been influenced by the stock’s volatility, which stands at 10.33% over the week and 8.04% over the month.
Earnings per share for the fiscal year are expected to increase by 1.84%, and 36.11% over the next financial year.
Looking at the support for the ARRY, a number of firms have released research notes about the stock. Guggenheim stated their Buy rating for the stock in a research note on March 07, 2025, with the firm’s price target at $10. TD Cowen coverage for the Array Technologies Inc (ARRY) stock in a research note released on February 28, 2025 offered a Hold rating with a price target of $7. Seaport Research Partners was of a view on February 28, 2025 that the stock is Neutral, while Exane BNP Paribas gave the stock Neutral rating on February 06, 2025, issuing a price target of $9. Susquehanna on their part issued Neutral rating on January 10, 2025.
