Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Array Technologies Inc’s current trading price is -39.58% away from its 52-week high, while its distance from the 52-week low is 87.77%. The stock’s price range during this period has varied between $3.76 and $11.69. The company, active in the Technology sector, saw a trading volume of around 5.23 million for the day, considerably lower average daily volume of 8.33 million observed over the last three months.
Array Technologies Inc (ARRY) currently has a stock price of $7.06. The stock saw a sharp increase in the last trading session, hitting a high of $13.0 after opening at $7.06. The lowest recorded price for the day was $6.0 before it closed at $6.82.
Array Technologies Inc’s stock has had a calm market performance. The 1-year high for the company’s stock was $11.69 on 07/26/24, and the lowest price during the same period was recorded at $3.76 on 04/09/25.
How Financial Performance Impacts Market Capitalization
Array Technologies Inc (ARRY) has experienced a quarterly rise of 68.90% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.08B and boasts a workforce of 1021 employees.
Decoding Analysts’ Ratings for Array Technologies Inc
As of right now, 10 analysts are rating Array Technologies Inc as a BUY, 3 of the polled analysts branded the stock as an OVERWEIGHT, 12 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 6.17, with a change in price of +0.20. Similarly, Array Technologies Inc recorded 7,182,427 in trading volume during the last 100 days, posting a change of +2.92%.
How ARRY’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for ARRY stands at 2.10. Similarly, the long-term debt-to-equity ratio is also 1.99.
ARRY Stock Stochastic Average
As of today, the raw stochastic average of Array Technologies Inc over the past 50 days is 46.21%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 59.74%. Additionally, the Stochastic %K and %D values for the company were 56.09% and 54.79%, respectively, over the past 20 days.
ARRY Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a loss of -34.02%.However, over the last six months, we can see a stronger performance of -1.26%. Over the last 30 days, the price of ARRY has leaped by -4.59%. And in the last five days, it has fallen by -4.85%.
