On Friday, Array Technologies Inc (NASDAQ: ARRY) opened lower -0.14% from the last session, before settling in for the closing price of $7.16. Price fluctuations for ARRY have ranged from $5.15 to $16.22 over the past 52 weeks.
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Technology Sector giant saw their annual sales surged by 30.16% over the last five years. Company’s average yearly earnings per share was noted -46.04% at the time writing. With a float of $149.42 million, this company’s outstanding shares have now reached $151.93 million.
The firm has a total of 1028 workers. Let’s measure their productivity. In terms of profitability, gross margin is 28.05%, operating margin of -5.49%, and the pretax margin is -7.96%.
Array Technologies Inc (ARRY) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Solar industry is another important factor to consider. The insider ownership of Array Technologies Inc is 1.66%, while institutional ownership is 126.03%. The most recent insider transaction that took place on Dec 16 ’24, was worth 29,697. In this transaction President & COO of this company bought 5,700 shares at a rate of $5.21, taking the stock ownership to the 29,366 shares. Before that another transaction happened on Nov 15 ’24, when Company’s Chief Executive Officer bought 14,430 for $6.93, making the entire transaction worth $100,038. This insider now owns 216,802 shares in total.
Array Technologies Inc (ARRY) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.09 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -46.04% per share during the next fiscal year.
Array Technologies Inc (NASDAQ: ARRY) Trading Performance Indicators
Check out the current performance indicators for Array Technologies Inc (ARRY). In the past quarter, the stock posted a quick ratio of 1.88. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.11. Likewise, its price to free cash flow for the trailing twelve months is 6.06.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.98, a number that is poised to hit 0.17 in the next quarter and is forecasted to reach 0.75 in one year’s time.
Technical Analysis of Array Technologies Inc (ARRY)
Analysing the last 5-days average volume posted by the [Array Technologies Inc, ARRY], we can find that recorded value of 5.44 million was lower than the volume posted last year of 5.85 million. As of the previous 9 days, the stock’s Stochastic %D was 78.63%. Additionally, its Average True Range was 0.45.
During the past 100 days, Array Technologies Inc’s (ARRY) raw stochastic average was set at 75.90%, which indicates a significant decrease from 89.90% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 62.85% in the past 14 days, which was lower than the 87.51% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.33, while its 200-day Moving Average is $8.90. Now, the first resistance to watch is $7.30. This is followed by the second major resistance level at $7.45. The third major resistance level sits at $7.60. If the price goes on to break the first support level at $7.00, it is likely to go to the next support level at $6.85. Now, if the price goes above the second support level, the third support stands at $6.70.
Array Technologies Inc (NASDAQ: ARRY) Key Stats
There are currently 151,943K shares outstanding in the company with a market cap of 1.09 billion. Presently, the company’s annual sales total 1,577 M according to its annual income of 137,240 K. Last quarter, the company’s sales amounted to 231,410 K and its income totaled -141,350 K.
