Array Technologies, Inc. (ARRY) |
22.74 -0.43 (-1.86%)
|
06-06 16:00 |
Open: |
23.05 |
Pre. Close: |
23.17 |
High:
|
23.87 |
Low:
|
22.71 |
Volume:
|
3,426,650 |
Market Cap:
|
3,430(M) |
|
|
Technical analysis |
as of: 2023-06-06 3:47:45 PM |
Short-term rate:
|
|
Stoxline posted a SELL today, downgraded from higher rating. Downward movement to be expected. |
Mid-term rate:
|
|
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) |
|
Price, moving averages and Bollinger Bands |
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. |
|
Stock Price Prediction |
Update at 5:00pm EST |
If tomorrow:
|
Open lower
|
Open higher
|
High:
|
24.37 - 24.51 |
24.51 - 24.63 |
Low:
|
22.36 - 22.5 |
22.5 - 22.63 |
Close:
|
22.96 - 23.19 |
23.19 - 23.41 |
|
Company Description |
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
|
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. |
|
|
|
|
|
Free Technical Analysis Charts
|
|
Stock Basics & Statistics |
Exchange: NASDAQ |
Sector: Technology |
Industry: Solar |
Shares Out. |
151 (M) |
Shares Float |
150 (M) |
% Held by Insiders
|
1.3 (%) |
% Held by Institutions
|
113.9 (%) |
Shares Short
|
16,820 (K) |
Shares Short P.Month
|
16,850 (K) |
Stock Financials |
EPS
|
0.05 |
EPS Est Next Qtl
|
0 |
EPS Est This Year
|
0 |
EPS Est Next Year
|
0 |
Book Value (p.s.)
|
1.37 |
Profit Margin (%)
|
3.2 |
Operating Margin (%)
|
4.3 |
Return on Assets (ttm)
|
2.6 |
Return on Equity (ttm)
|
12.4 |
Qtrly Rev. Growth
|
25.2 |
Gross Profit (p.s.)
|
1.5 |
Sales Per Share
|
11.33 |
EBITDA (p.s.)
|
1.09 |
Qtrly Earnings Growth
|
0 |
Operating Cash Flow
|
237 (M) |
Levered Free Cash Flow
|
227 (M) |
Stock Valuations |
PE Ratio
|
458.89 |
PEG Ratio
|
0.6 |
Price to Book value
|
16.62 |
Price to Sales
|
2.02 |
Price to Cash Flow
|
14.57 |
Stock Dividends |
Dividend
|
0 |
Forward Dividend
|
0 |
Dividend Yield
|
0% |
Dividend Pay Date
|
Invalid DateTime. |
Ex-Dividend Date
|
Invalid DateTime. |
Your Ad Here
|
|