Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Array Technologies Inc’s current trading price is -65.98% away from its 52-week high, while its distance from the 52-week low is 17.28%. The stock’s price range over this period has fluctuated between $5.15 and $17.75. The company, operating within the financial sector, had a trading volume of approximately 3.97 million for the day, which was noticeably lower than the average daily share volume of 6.54 million over the last 3 months.
Array Technologies Inc experienced a rather shaky stock market performance. The highest value in the past year was recorded at $17.75 on 01/02/24 and the lowest value was $5.15 on 12/16/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Array Technologies Inc (ARRY) has experienced a quarterly decline of -11.18% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 917.74M and boasts a workforce of 1028 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 6.46, with a change in price of -2.95. Similarly, Array Technologies Inc recorded 6,447,711 in trading volume during the last 100 days, posting a change of -32.81%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for ARRY stands at 1.48. Similarly, the long-term debt-to-equity ratio is also 1.42.
ARRY Stock Stochastic Average
Today’s raw stochastic average for Array Technologies Inc over the last 50 days is 33.78%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 52.35%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 52.60% and 47.89%, respectively.
ARRY Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. The index has shown a price loss of -64.05% this year. Over the last six months, there has been a stronger performance of -37.28%. The price of ARRY leaped by -9.99% during the last 30 days period. For the last 5-days stocks have slided -0.98%.
