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Stock Charts AI Power Rank: 3.1
Power Rank trend -> Rising
07/26/2024 16:20:00 EST
Array Technologies Inc (ARRY)
Industry: Solar
Follow @stockchartsai on TwitterPrice Support Resistance
In the past 20 trading days, ARRY has been trading in a range between $11.76 and $9.44 (gray range band). Red lines on the chart represent key resistance levels and Green lines represent key support levels. As the price moves above the lines you will notice they turn green and red if price moves below a line.
The AI powered stock chart is in a Yellow zone which means the stock is transitioning zones. We would avoid this stock currently.
Upside / Downside Potential
Array Technologies Inc $ARRY entered a Yellow zone 6 days ago on the AI powered stock chart. Wall Street analysts have an AVG target price $29.64, a potential upside of 164.17% from the recent price of 11.22. The stock is trading 137.43% (potential upside) below its 52 week high of $26.64 and 20.13 % (potential downside) above its 52 week low of $9.34 - based on the recent price.
Company Summary
Array Technologies, Inc manufactures and sells ground-mounting tracking systems used in solar energy projects in the United States, Spain, Brazil, Australia, and internationally. The company operates in two segments, Array Legacy Operations and STI Operations.
News
| Array Technologies, Inc. (ARRY) Ascends But Remains Behind Market: Some Facts to Note Array Technologies, Inc. (ARRY) reachead $11.22 at the closing of the latest trading day, reflecting a +0.54% change compared to its last close. Source: Zacks Investment Research Fri, 26 Jul 2024 19:21:29 -0400 Sentiment: Neutral |
| Array Technologies, Inc. (ARRY) Suffers a Larger Drop Than the General Market: Key Insights In the closing of the recent trading day, Array Technologies, Inc. (ARRY) stood at $10.52, denoting a -1.68% change from the preceding trading day. Source: Zacks Investment Research Fri, 19 Jul 2024 19:22:33 -0400 Sentiment: Negative |
| Array Technologies, Inc. Announces Second Quarter 2024 Earnings Release Date and Conference Call ALBUQUERQUE, N.M., July 18, 2024 (GLOBE NEWSWIRE) -- Array Technologies (the “Company” or “Array”) (Nasdaq: ARRY) today announced that the company will release its second quarter 2024 results after the market close on Thursday, August 8ᵗʰ, 2024, to be followed by a conference call at 5:00 p.m. (Eastern Time) on the same day. Source: GlobeNewsWire Thu, 18 Jul 2024 16:03:00 -0400 Sentiment: Neutral |
| 3 Solar Stocks That Could Grow Your Wealth If you're in limbo about which companies to invest in, maybe solar stocks should be your next stop. It's never been a better time for the solar industry. Source: InvestorPlace Tue, 16 Jul 2024 14:11:11 -0400 Sentiment: Negative |
| Array Technologies Publishes 4th Annual Sustainability Disclosures ALBUQUERQUE, N.M., July 16, 2024 (GLOBE NEWSWIRE) -- Array Technologies (NASDAQ: ARRY) (“Array” or “the company”), a leading provider of tracker solutions and services for utility-scale solar energy projects, has published its fourth annual ESG and sustainability disclosures in line with the company's ongoing commitment to customers, investors, and key stakeholders to generate energy with integrity. Source: GlobeNewsWire Tue, 16 Jul 2024 08:44:00 -0400 Sentiment: Neutral |
Technicals 52 Week Hi: 26.64 52 Week Low: 9.34 Beta: 1.656 50 Day MA: 11.7956 200 Day MA: 14.0927 Earnings / Revenue Trends Qtr Earnings Growth YOY: -0.645 Qtr Revenue Growth YOY: -0.593 Forward PE: 9.3458 Trailing PE: 29.3684