Array Technologies Inc (NASDAQ: ARRY): Growth Outlook And Performance Review

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In the last trading session, 5.46 million Array Technologies Inc (NASDAQ:ARRY) shares changed hands as the company’s beta touched 1.65. With the company’s per share price at $9.44 changed hands at -$0.26 or -2.68% during last session, the market valuation stood at $1.43B. ARRY’s last price was a discount, traded about -182.2% off its 52-week high of $26.64. The share price had its 52-week low at $9.34, which suggests the last value was 1.06% up since then. When we look at Array Technologies Inc’s average trading volume, we note the 3-month average coming to 5.60 million.

Array Technologies Inc (NASDAQ:ARRY) trade information

Instantly ARRY was in red as seen at the end of in last trading. With action -1.36%, the performance over the past five days has been red. The drop to weekly highs of 10.30 subtracted -2.68% to the stock’s daily price. The company’s shares are showing year-to-date downside of -43.81%, with the 5-day performance at -1.36% in the red. However, in the 30-day time frame, Array Technologies Inc (NASDAQ:ARRY) is -31.09% down.

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Array Technologies Inc (ARRY) estimates and forecasts

Data shows that the Array Technologies Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -37.44% over the past 6 months, a -2.65% in annual growth rate that is considerably higher than the industry average of -6.80%.

The 2024 estimates are for Array Technologies Inc earnings to decrease by -3.34%, but the outlook for the next 5-year period is at 9.30% per year.

ARRY Dividends

Array Technologies Inc is expected to release its next quarterly earnings report in August.