With 5.25 million shares changed hands, the volume of the stock remained lighter than its average volume of 5.82 million shares. The 52-week range on ARRY shows that it touched its highest point at $26.64 and its lowest point at $11.56 during that stretch. It currently has a 1-year price target of $20.52. Beta for the stock currently stands at 1.65.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ARRY was down-trending over the past week, with a drop of -5.61%, but this was down by -21.45% over a month. Three-month performance dropped to -37.94% while six-month performance fell -52.54%. The stock lost -32.92% in the past year, while it has lost -28.93% so far this year. A look at the trailing 12-month EPS for ARRY yields 0.54 with Next year EPS estimates of 1.44. For the next quarter, that number is -0.03. This implies an EPS growth rate of -7.11% for this year and 37.38% for next year.
Float and Shares Shorts:
At present, 151.24 million ARRY shares are outstanding with a float of 148.06 million shares on hand for trading. On Feb 29, 2024, short shares totaled 25.94 million, which was 17.15% higher than short shares on Jan 31, 2024. In addition to Mr. Kevin G. Hostetler as the firm’s CEO & Director, Mr. Tyson K. Hottinger serves as its Chief Legal Officer & General Counsel.
Institutional Ownership:
Through their ownership of 125.12% of ARRY’s outstanding shares, institutional investors have majority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ARRY since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
Dividends & Yield:
In terms of dividends, ARRY has a current ratio of $––, which is $–– over the trailing 12-months, while a dividend of $–– is likely to be paid on average over the next five years. Dividend yield is another indicator that appeals to many investors, and ARRY currently yields $0.00. In the past year, ARRY’s dividend yield has been $0.00, but when looking at the stock over the past five years, its yield has been $–. Accordingly, ARRY has a current buyback yield of $0.00. This was $0.00 for the TTM, and it was $– for the past five years.