Array Technologies Inc (NASDAQ:ARRY) currently has a daily average trading volume of 6.41M but it saw 17455004 shares traded in last market. With a market cap of 1.05B USD, the company’s current market price of $6.89 came falling about -3.09 while comparing to the previous closing price of $7.11. In past 52 weeks, the stock remained buoying in the range of price level as high as $14.69 and as low as $3.76.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the RBC Capital Mkts which initiated the stock as “Sector Perform” in its note to investors issued on March 17, 2025, recommending a price target of $7 for it. Guggenheim upgraded its recommendation for the stock as a “Buy” from “Neutral” on March 07, 2025 while assigning a price target of $10. TD Cowen issued its recommendations for the stock as it reiterated the price target for the stock in the range of between $10 and $7.
Over the week, ARRY’s stock price is moving -18.36% down while it is 59.12% when we observe its performance for the past one month. Year-to-date it is 14.07% up and over the past year, the stock is showing a downside performance of -35.85%.
Currently, Array Technologies Inc’s total number of outstanding shares is 152.51M with 0.47% of that held by the insiders while 116.03% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -29.17% and return on equity (ROE) at -49.11%. It has a 8.78 of forward P/E ratio. Stock’s beta reads 1.79. Stock has a price to sale or P/S ratio amounts to 0.99. Its return on asset (ROA) is -14.78% on average.
