Array Technologies, Inc. (ARRY) |
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22.74 -0.43 (-1.86%)
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06-06 16:00 |
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Open: |
23.05 |
Pre. Close: |
23.17 |
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High:
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23.87 |
Low:
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22.71 |
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Volume:
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3,426,650 |
Market Cap:
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3,430(M) |
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Technical analysis |
as of: 2023-06-06 3:47:45 PM |
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Short-term rate:
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| Stoxline posted a SELL today, downgraded from higher rating. Downward movement to be expected. |
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Mid-term rate:
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| Target: |
Six months: 29.18 One year: 34.09 |
| Support: |
Support1: 20.36 Support2: 17.5 |
| Resistance: |
Resistance1: 24.98 Resistance2: 29.18 |
| Pivot: |
23.13 |
| Moving Average: |
MA(5): 22.98  MA(20): 22.46
MA(100): 20.88 MA(250): 18.9 |
| MACD: |
MACD(12,26): 0.6 Signal(9): 0.7 |
| Stochastic oscillator: |
%K(14,3): 50.7 %D(3): 60.2 |
| RSI: |
RSI(14): 55.2 |
| 52-week: |
High: 24.98 Low: 9.23 |
| Average Vol(K): |
3-Month: 4,529 (K) 10-Days: 4,035 (K) |
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Price, moving averages and Bollinger Bands |
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Price has closed below its short-term moving average. Short-term moving average is currently above mid-term; and above long-term moving average. From the relationship between price and moving averages: This stock is NEUTRAL in short-term; and BULLISH in mid-long term.[ ARRY ] has closed above bottom band by 41.7%. Bollinger Bands are 52.6% narrower than normal. The narrow width of the bands suggests low volatility as compared to its normal range. The bands have been in this narrow range for 2 bars. This is a sign that the market may be about to initiate a new trend. |
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Stock Price Prediction |
Update at 5:00pm EST |
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If tomorrow:
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Open lower
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Open higher
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High:
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24.37 - 24.51 |
24.51 - 24.63 |
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Low:
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22.36 - 22.5 |
22.5 - 22.63 |
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Close:
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22.96 - 23.19 |
23.19 - 23.41 |
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Company Description |
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Array Technologies, Inc. manufactures and supplies solar tracking systems and related products in the United States and internationally. Its products include DuraTrack HZ v3, a single-axis solar tracking system; and SmarTrack, a machine learning software that is used to identify the optimal position for a solar array in real time to increase energy production. The company was founded in 1989 and is headquartered in Albuquerque, New Mexico. |
Headline News |
Mon, 05 Jun 2023
Validea Detailed Fundamental Analysis - ARRY - Nasdaq
Fri, 02 Jun 2023
Is Array Technologies Inc (ARRY) a Winner in the Solar Industry? - InvestorsObserver
Wed, 24 May 2023
Should You Buy Array Technologies Inc (ARRY) Stock on Wednesday? - InvestorsObserver
Fri, 19 May 2023
3 Energy Stocks That Have Game-Changing Technologies - InvestorPlace
Thu, 18 May 2023
Should You Hold Array Technologies Inc (ARRY) in Solar Industry? - InvestorsObserver
Fri, 12 May 2023
Arlo Technologies, Array Technologies, AirSculpt Technologies And Other Big Stocks Moving Higher On Frida - Benzinga
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Financial Analysis |
| Price to Book Value: |
Outperform |
| P/BV, a ratio used to compare book value to its current market price, to gauge whether a stock is valued properly. |
| Price to Earnings: |
Underperform |
| PE, the ratio for valuing a company that measures its current share price relative to its earnings per share (EPS). |
| Discounted cash flow: |
Outperform |
| DCF, a valuation method used to estimate the value of an investment based on its expected future cash flows. |
| Return on Assets: |
Neutral |
| ROA, indicates how profitable a company is in relation to its total assets, how efficiently uses assets to generate a profit. |
| Return on Equity: |
Neutral |
| ROE, a measure of financial performance calculated by dividing net income by equity. a gauge of profitability and efficiency. |
| Debt to Equity: |
Outperform |
| evaluate financial leverage, reflects the ability of equity to cover outstanding debts in the event of a business downturn. |
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| Free Technical Analysis Charts
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Stock Basics & Statistics |
| Exchange: NASDAQ |
| Sector: Technology |
| Industry: Solar |
| Shares Out. |
151 (M) |
| Shares Float |
150 (M) |
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% Held by Insiders
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1.3 (%) |
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% Held by Institutions
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113.9 (%) |
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Shares Short
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16,820 (K) |
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Shares Short P.Month
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16,850 (K) |
Stock Financials |
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EPS
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0.05 |
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EPS Est Next Qtl
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0 |
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EPS Est This Year
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0 |
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EPS Est Next Year
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0 |
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Book Value (p.s.)
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1.37 |
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Profit Margin (%)
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3.2 |
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Operating Margin (%)
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4.3 |
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Return on Assets (ttm)
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2.6 |
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Return on Equity (ttm)
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12.4 |
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Qtrly Rev. Growth
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25.2 |
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Gross Profit (p.s.)
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1.5 |
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Sales Per Share
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11.33 |
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EBITDA (p.s.)
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1.09 |
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Qtrly Earnings Growth
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0 |
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Operating Cash Flow
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237 (M) |
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Levered Free Cash Flow
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227 (M) |
Stock Valuations |
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PE Ratio
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458.89 |
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PEG Ratio
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0.6 |
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Price to Book value
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16.62 |
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Price to Sales
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2.02 |
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Price to Cash Flow
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14.57 |
Stock Dividends |
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Dividend
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0 |
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Forward Dividend
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0 |
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Dividend Yield
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0% |
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Dividend Pay Date
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Invalid DateTime. |
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Ex-Dividend Date
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Invalid DateTime. |
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