Array Technologies, Inc. (NASDAQ:ARRY) traded at $45.1 at last check on Friday, Nov 20, making an upward move of 5.62% on its previous day’s price.
Looking at the stock we see that its previous close was $42.7 and the beta (5Y monthly) reads 0 with the day’s price range being $42.58 – 45.90. The company has a 12-month trailing PE ratio of 56.59. In terms of its 52-week price range, ARRY has a high of $48.88 and a low of $29.05. The company’s stock has gained about 2.64% over that past 30 days.
Let’s briefly compare Array (ARRY) stock to its peers. We find that today’s price change of +5.62% and 0% over the past 12 months for ARRY competes that of Enphase Energy Inc (ENPH), which has seen its stock price rise 0.54% in the latest trading session and is +588.58% over the last one year. Another of its peers Solaredge Tech (SEDG) has climbed 5.71% today, and is +235.14% up over the past year, while Sunrun Inc (RUN) is also up 5.62% yet its price remains in the red at 0% over the same period. Enphase has a P/E ratio of 101.56 compared to Array’s 56.59 and Solaredge’s 77.2. In contrast to these companies, both the S&P 500 Index and the Dow Jones Industrial are today at -0.68% and -0.75%, respectively, in early deals.
Coming back to Array Technologies, Inc. (NASDAQ:ARRY), we note that the average 3-month trading volume was 3.73 Million, while that of the preceding 10-day period stands at 1.05 Million. Current shares outstanding are 126.99 Million.