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 -55.28% away from its 52-week high, while its distance from the 52-week low is 33.30%. The stock’s price range over this period has fluctuated between $5.15 and $15.35. The company, operating within the financial sector, had a trading volume of approximately 0.82 million for the day, which was noticeably lower than the average daily share volume of 5.18 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 $15.35 on 03/28/24 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 rise of 8.45% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.04B 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 6.56, with a change in price of +0.03. Similarly, Array Technologies Inc recorded 5,882,158 in trading volume during the last 100 days, posting a change of +0.51%.
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, Array Technologies Inc’s raw stochastic average for the past 50 days stands at 64.31%, indicating a rise from the raw stochastic average of the last 20 days, which was 33.97%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 23.55% and 21.65% respectively.
ARRY Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. The metric has seen a significant gain of 13.66% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -0.79%. Over the past 30 days, the price of ARRY has leaped by -2.35%. And in the last five days, it has surged by 1.55%.
