Array Technologies Inc (NASDAQ: ARRY) kicked off on Monday, up 6.01% from the previous trading day, before settling in for the closing price of $9.49. Over the past 52 weeks, ARRY has traded in a range of $3.76-$10.37.
While this was happening, its average annual earnings per share was recorded 11.58%. With a float of $150.20 million, this company’s outstanding shares have now reached $152.75 million.
Let’s determine the extent of company efficiency that accounts for 1021 employees.
Array Technologies Inc (ARRY) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Solar Industry. The insider ownership of Array Technologies Inc is 1.67%, while institutional ownership is 133.90%.
Array Technologies Inc (ARRY) Recent Fiscal highlights
In the latest quarterly report, which was put into the public domain on 12/31/2024, the organization reported 0.16 earnings per share (EPS), lower than consensus estimate (set at 0.17) by -0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.19 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 11.58% per share during the next fiscal year.
Array Technologies Inc (NASDAQ: ARRY) Trading Performance Indicators
Take a look at Array Technologies Inc’s (ARRY) current performance indicators. Last quarter, stock had a quick ratio of 1.50. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.15. Likewise, its price to free cash flow for the trailing twelve months is 15.44.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.61, a number that is poised to hit 0.00 in the next quarter and is forecasted to reach 0.89 in one year’s time.
Technical Analysis of Array Technologies Inc (ARRY)
Looking closely at Array Technologies Inc (NASDAQ: ARRY), its last 5-days average volume was 6.31 million, which is a drop from its year-to-date volume of 6.85 million. As of the previous 9 days, the stock’s Stochastic %D was 84.97%.
During the past 100 days, Array Technologies Inc’s (ARRY) raw stochastic average was set at 92.02%, which indicates a significant increase from 87.08% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.58 in the past 14 days, which was lower than the 0.62 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $8.38, while its 200-day Moving Average is $7.21. However, in the short run, Array Technologies Inc’s stock first resistance to watch stands at $10.51. Second resistance stands at $10.97. The third major resistance level sits at $11.47. If the price goes on to break the first support level at $9.56, it is likely to go to the next support level at $9.06. Now, if the price goes above the second support level, the third support stands at $8.60.
Array Technologies Inc (NASDAQ: ARRY) Key Stats
The company with the Market Capitalisation of 1.54 billion has total of 152,748K Shares Outstanding. Its annual sales at the moment are 915,810 K in contrast with the sum of -240,390 K annual income. Company’s last quarter sales were recorded 393,490 K and last quarter income was 33,500 K.
