Array Technologies Inc (NASDAQ:ARRY) shares, rose in value on Thursday, July 10, with the stock price down by -0.78% to the previous day’s close as strong demand from buyers drove the stock to $7.64.
Actively observing the price movement in the last trading, the stock closed the session at $7.7, falling within a range of $7.63 and $7.92. The value of beta (5-year monthly) was 1.783. Referring to stock’s 52-week performance, its high was $12.06, and the low was $3.76. On the whole, ARRY has fluctuated by 2.00% over the past month.
With the market capitalization of Array Technologies Inc currently standing at about $1.17 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-May-06.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that ARRY’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the price of ARRY currently trading nearly 5.89% and 10.98% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 56.33, while the 7-day volatility ratio is showing 6.40% which for the 30-day chart, stands at 8.26%. Furthermore, Array Technologies Inc (ARRY)’s beta value is 1.72.
A comparison of Array Technologies Inc (ARRY) with its peers suggests the former has fared considerably weaker in the market. ARRY showed an intraday change of -0.78% in last session, and over the past year, it grew by 26.49%%.
Data on historical trading for Array Technologies Inc (NASDAQ:ARRY) indicates that the trading volumes over the past 10 days have averaged 11.44 and over the past 3 months, they’ve averaged 8.22 million. According to company’s latest data on outstanding shares, there are 152.51 million shares outstanding.
Nearly 1.73% of Array Technologies Inc’s shares belong to company insiders and institutional investors own 111.97% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 20.25 million shares as on 2025-06-13, resulting in a short ratio of 2.81. According to the data, the short interest in Array Technologies Inc (ARRY) stood at 1482.00 of shares outstanding as of 2025-06-13; the number of short shares registered in 2025-05-15 reached 21.51 million. The stock has fallen by -21.24% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the ARRY stock heading into the next quarter.
