Should You Sell Array Technologies Inc (ARRY) And Go Away This Year?

Array Technologies Inc (NASDAQ:ARRY) currently has a daily average trading volume of 6.55M but it saw 28522945 shares traded in last market. With a market cap of 951.89M USD, the company’s current market price of $6.24 came falling about -2.04 while comparing to the previous closing price of $6.37. In past 52 weeks, the stock remained buoying in the range of price level as high as $12.06 and as low as $3.76. In the recent trading on the day, stock has struck highest price mark of $6.175 while lowest mark touched by it was $6.42.

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 -16.02% down while it is -9.30% when we observe its performance for the past one month. Year-to-date it is -44.73% down and over the past year, the stock is showing an upside performance of 3.31%.

Currently, Array Technologies Inc’s total number of outstanding shares is 152.51M. Company’s return on investment (ROI) stands at -29.17% and return on equity (ROE) at -49.11%. It has a 8.01 of forward P/E ratio. Stock’s beta reads 1.77. Stock has a price to sale or P/S ratio amounts to 0.89. Its return on asset (ROA) is -14.78% on average.

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