Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
In the latest session, Array Technologies Inc (NASDAQ: ARRY) closed at $5.28 down -19.39% from its previous closing price of $6.55. In other words, the price has decreased by -$19.39 from its previous closing price. On the day, 25.46 million shares were traded.
Ratios:
For a deeper understanding of Array Technologies Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.20 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.93. For the most recent quarter (mrq), Quick Ratio is recorded 1.82 and its Current Ratio is at 2.28. In the meantime, Its Debt-to-Equity ratio is 2.34 whereas as Long-Term Debt/Eq ratio is at 2.24.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, TD Cowen on February 28, 2025, Reiterated its Hold rating but revised its target price to $7 from $10 previously.
Exane BNP Paribas Upgraded its Underperform to Neutral on February 06, 2025, while the target price for the stock was maintained at $9.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Dec 16 ’24 when Manning Neil bought 5,700 shares for $5.21 per share. The transaction valued at 29,697 led to the insider holds 29,366 shares of the business.
Hostetler Kevin G. bought 14,430 shares of ARRY for $100,038 on Nov 15 ’24. The Chief Executive Officer now owns 216,802 shares after completing the transaction at $6.93 per share. On Nov 12 ’24, another insider, Hottinger Tyson, who serves as the Former Officer of the company, bought 31,853 shares for $6.28 each.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.88.
Stock Price History:
Over the past 52 weeks, ARRY has reached a high of $15.35, while it has fallen to a 52-week low of $5.15. The 50-Day Moving Average of the stock is -19.92%, while the 200-Day Moving Average is calculated to be -34.54%.
Shares Statistics:
A total of 151.95M shares are outstanding, with a floating share count of 149.43M. Insiders hold about 1.65% of the company’s shares, while institutions hold 119.41% stake in the company.
