Currently, there are 152.51M common shares owned by the public and among those 150.05M shares have been available to trade.
The company’s stock has a 5-day price change of 38.74% and -5.13% over the past three months. ARRY shares are trading 13.25% year to date (YTD), with the 12-month market performance down to -45.32% lower. It has a 12-month low price of $3.76 and touched a high of $14.85 over the same period. ARRY has an average intraday trading volume of 5.41 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 39.56%, 32.73%, and 6.91% respectively.
Institutional ownership of Array Technologies Inc (NASDAQ: ARRY) shares accounts for 117.15% of the company’s 152.51M shares outstanding.
It has a market capitalization of $1.04B and a beta (3y monthly) value of 1.66. The earnings-per-share (ttm) stands at -$1.86. Price movements for the stock have been influenced by the stock’s volatility, which stands at 10.86% over the week and 8.26% over the month.
Earnings per share for the fiscal year are expected to increase by 1.16%, and 25.53% over the next financial year.
Looking at the support for the ARRY, a number of firms have released research notes about the stock. RBC Capital Mkts stated their Sector Perform rating for the stock in a research note on March 17, 2025, with the firm’s price target at $7. Guggenheim coverage for the Array Technologies Inc (ARRY) stock in a research note released on March 07, 2025 offered a Buy rating with a price target of $10. Exane BNP Paribas on their part issued Neutral rating on February 06, 2025.
