ARRY Stocks Valuation and Technical Analysis
Array Technologies, Inc.
(NASDAQ:ARRY)
$22.74
-1.37 (-5.68%)
At Close: 4:00 PM
$23.33
0.30 (1.30%)
Pre Market: 7:44 AM
ARRY Stock Performance Chart (1 Year)
Array Technologies, Inc.
The price of a stock is the truest depiction of a company's value and what the market anticipates about its performance. A stock's market value is critical, but the process is plagued with uncertainty, leading to investor skepticism.
However, in today's economic environment, investors may learn a lot about the market expectations of their target stocks by looking at stock's performance and important indicators.
Comparing their expectations to the market could help investors estimate their prospective return.
Performance
ARRY Fundamental Analysis
- ATR1.42
- Enterprise Value4.25B
- Avg Vol (3 Months)4.69M
- Avg Vol (10 Days)4.39M
ARRY Stock Performance Chart (52 Weeks)
- 52-Week High24.99
- 52-Week Low9.02
- 52-Week ChgN/A
- S&P 500 52-Week ChgN/A
ARRY Industry Analysis and Valuation
Valuation
- P/E (TTM)
- P/C (MRQ)
- P/S (TTM)
- P/B (MRQ)
ARRY
- 459.80
- 20.63
- 1.78
- 16.99
Industry Avg
Sector Median
S&P 500
ARRY Technical Analysis
- SMA 2011.51%
- SMA 5011.73%
- SMA 20013.3%
- RSI (14)60.55
Frequently Asked Questions
How is ARRY price-to-earnings ratio currently?
ARRY has a current P/E ratio of 459.80.
How are ARRY's price-to-sale and price-to-book ratios?
The ARRY stock has a trailing twelve month price-to sales (P/S) ratio of 1.78 while its price-to-book (P/B) value is 16.99.
Is Array Technologies, Inc.'s price-to-cash ratio high or low?
ARRY's price-to-cash (P/C) ratio is 20.63, an indicator that is currently being trending upward.
What's current simple moving average (SMA) for ARRY?
Based on ARRY's recent bid, its distance from 20 days simple moving average is 11.51%. It is 11.73% apart from 50 days simple moving average, and it is 13.30% apart from 200 days simple moving average.
What is the 52-week price range for ARRY?
The 52-week high for ARRY is $24.99 which is 0.28% away from the current price level whereas the distance of that from the 52-week low of $9.02 stands at 2.25%.
An overview of ARRY's stock performance: how did it fare?
The performance of ARRY stock was encouraging with all of its significant price indictors in green. Array Technologies, Inc. (NASDAQ: ARRY) shares have moved downward -5.68% or -$1.37 in the latest trading session and have gained 15.99% year-to-date (YTD). The stock has gained nearly 216.67% over the past year. After moving 7.79% over the trailing 3-month period, the stock is 8.99% higher in the 6-month period. Looking at its performance over the shorter term, it's up 16.65% a week and 2.23% a month.
What is ARRY's 14-day relative strength index (RSI)?
The current 14-day RSI for ARRY stock is 60.55. Investors and traders alike rely on the relative strength index, or RSI, as an oscillating indicator. In terms of values, the RSI operates within a range ranging from 0 to 100. A rising RSI line indicates strength in the shares. As the RSI line falls, the opposite occurs. It is possible to examine different time periods when using the RSI indicator. Shorter time frames can cause the RSI to be more volatile. Most traders pay close attention to the marks between 30 and 70 on the RSI scale. When the stock price moves over 70, it is often considered to be an indicator of overbought conditions. Dropping below 30 indicates oversold territory. These levels are often used by traders to forecast stock price reversals.
For ARRY, what is the average true range (ATR) for the past two weeks?
ATR stands for Average True Range, which may be useful when traders or investors are assessing technical inventory. Currently, Array Technologies, Inc. (ARRY) has a 14-day ATR of 1.42.
What is ARRY's current enterprise value?
After closing at $22.74 with 150.61 Million of its shares outstanding, the current enterprise value of ARRY is roughly 4.25 Billion.
Over the past year, how has the stock price of ARRY changed?
Array Technologies, Inc. (NASDAQ: ARRY) is up N/A when it comes to the percentage price change over the past 52-weeks. The percentage price change came more than that of broader S&P 500 index that came at a rise of N/A. ARRY stock price is also up 15.99% on its value in year-to-date trading.
What is the average trading volume for ARRY shares?
The number outstanding shares of ARRY is 150.61 Million, and of these 148.53 Million shares are freely available for trading. On average, ARRY stock has traded 4.39 Million shares per day for the past 10 days. A total of 3.94 Million shares changed hands during the last trading session with the average session volume of 4.69 Million shares.