Array Technologies Inc. (ARRY) News
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ARRY News Highlights
- ARRY's 30 day story count now stands at 2.
- Over the past 12 days, the trend for ARRY's stories per day has been choppy and unclear. It has oscillated between 1 and 1.
- STAR are the most mentioned tickers in articles about ARRY.
Latest ARRY News From Around the Web
Below are the latest news stories about Array Technologies Inc that investors may wish to consider to help them evaluate ARRY as an investment opportunity.
Like many alternative energy names, Array Technologies (ARRY) has had a terrible start to 2022. Shares year-to-date are down nearly 40% in January alone. Many factors have been blamed for the severe downdraft in alternative energy names, with two standing out. The first is the Build Back Better plan failing,...
In a report released today, Mark Strouse from J.P. Morgan maintained a Buy rating on Array Technologies (ARRY – Research Report), with a price target of $32.00. The company's shares closed last Thursday at $12.31, close to its 52-week low of $11.43. According to TipRanks.com, Strouse is a 5-star analyst with an average return of 27.4% and a 54.3% success rate. Strouse covers the Technology sector, focusing on stocks such as Shoals Technologies Group, Fuelcell Energy, and Enphase Energy. Currently, the analyst consensus on Array Technologies is a Moderate Buy with an average price target of $25.22.
Gainers: Lawson Products (LAWS) +7%, Houghton Mifflin Harcourt HMHC +5%, Provention Bio (PRVB) +3%, Array Technologies (ARRY) +3%, People''s United Financial (PBCT) +2%.Losers:
Shares of Array Technologies (NASDAQ: ARRY ) decreased by 29.62% in the past three months. Before having a look at the importance of debt, let us look at how much debt Array Technologies has. Array Technologies''s Debt Based on Array Technologies''s balance sheet as of November 12, 2021, long-term debt is at $299.21 million and current debt is at $4.30 million, amounting to $303.51 million in total debt. Adjusted for $116.39 million in cash-equivalents, the company''s net debt is at $187.12 million. Let''s define some of the terms we used in the paragraph above. Current debt is the portion of a company''s debt which is due within 1 year, while long-term Full story available on Benzinga.com
Gainers: Clearside Biomedical (CLSD) +13%, Ebix (EBIX) +7%, Cipher Mining (CIFR) +6%, Array Technologies (ARRY) +5%, Amicus Therapeutics (FOLD) +4%. Losers: Perella Weinberg…
No summary available.
Establishes Array as Global Leader in Solar Trackers with Leading Positions in North America, Latin America and EuropeALBUQUERQUE, N.M., Jan. 11, 2022 (GLOBE NEWSWIRE) -- Array Technologies (NASDAQ: ARRY) (“Array” or “the Company”), a leading provider of tracker solutions and services for utility-scale solar energy projects, today announced it has completed its previously announced acquisition of Soluciones Técnicas Integrales Norland, S.L. (“STI Norland”), one of Europe’s leading manufacturers
Further weakness as Array Technologies (NASDAQ:ARRY) drops 10% this week, taking one-year losses to 72%
As every investor would know, you don't hit a homerun every time you swing. But it should be a priority to avoid...
Investment company First Trust RBA American Industrial Renaissance ETF (Current Portfolio) buys Argan Inc, Great Lakes Dredge & Dock Corp, Wintrust Financial Corp, FTC Solar Inc, Infrastructure and Energy Alternatives Inc, sells Generac Holdings Inc, Powell Industries Inc, Covanta Holding Corp, MYR Group Inc, Northwest Pipe Co during the 3-months ended 2021Q3, according to the most recent filings of the investment company, First Trust RBA American Industrial Renaissance ETF.
In last trading session, Array Technologies Inc. (NASDAQ:ARRY) saw 3.52 million shares changing hands with its beta currently measuring 0. Companys recent per share price level of $16.13 trading at -$0.11 or -0.68% at ring of the bell on the day assigns it a market valuation of $2.19B. That closing price of ARRYs stock is Array Technologies Inc. (NASDAQ:ARRY) Is Expected To Grow By Or More Than -135.59%. Read More »