Array Technologies Inc (ARRY) distance from 200-day Simple Moving Average is $10.27: Right on the Precipice

Array Technologies Inc (NASDAQ: ARRY) flaunted slowness of -0.63% at $6.33, before settling in for the price of $6.37 at the close. Taking a more long-term approach, ARRY posted a 52-week range of $5.56-$20.15.

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The company of the Technology sector’s yearbook sales growth during the past 5- year span was recorded 48.69%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -45.18%. This publicly-traded company’s shares outstanding now amounts to $151.24 million, simultaneously with a float of $149.41 million. The organization now has a market capitalization sitting at $961.80 million. At the time of writing, stock’s 50-day Moving Average stood at $6.61, while the 200-day Moving Average is $10.27.

Array Technologies Inc (ARRY) Ownership Facts and Figures

Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the Array Technologies Inc industry. Array Technologies Inc’s current insider ownership accounts for 1.66%, in contrast to 121.02% institutional ownership. According to the most recent insider trade that took place on Nov 15 ’24, this organization’s Chief Executive Officer bought 14,430 shares at the rate of 6.93, making the entire transaction reach 100,038 in total value, affecting insider ownership by 216,802.

Array Technologies Inc (ARRY) Earnings and Revenue Records

Array Technologies Inc’s EPS decrease for this current 12-month fiscal period is -45.18% and is forecasted to reach 0.81 in the upcoming year.

Array Technologies Inc (NASDAQ: ARRY) Trading Performance Indicators

Let’s observe the current performance indicators for Array Technologies Inc (ARRY). It’s Quick Ratio in the last reported quarter now stands at 1.88. The Stock has managed to achieve an average true range (ATR) of 0.59. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.98. Similarly, its price to free cash flow for trailing twelve months is now 5.36.

In the same vein, ARRY’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.98, a figure that is expected to reach 0.19 in the next quarter, and analysts are predicting that it will be 0.81 at the market close of one year from today.

Technical Analysis of Array Technologies Inc (ARRY)

Now, what If we examine the latest scores posted by [Array Technologies Inc, ARRY]. During the last 5-days, its volume was lower the volume of 6.03 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 25.02% While, its Average True Range was 0.61.

Raw Stochastic average of Array Technologies Inc (ARRY) in the period of the previous 100 days is set at 11.85%, which indicates a major fall in contrast to 28.15% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 149.82% that was higher than 93.79% volatility it exhibited in the past 100-days period.