Insider Buying Neil Manning Acquires Shares of Array Technologies Inc
| ARRY Stock | USD 7.62 0.80 11.73% |
Slightly above 55% of Array Technologies' investors are presently thinking to get in. The current sentiment of investing in Array Technologies suggests that some traders are interested. Array Technologies' investing sentiment can be driven by a variety of factors including economic data, Array Technologies' earnings reports, geopolitical events, and overall market trends.
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On December 16, 2024, Neil Manning, President Chief Operating Officer of Array Technologies Inc, purchased 5,700 shares of the company. Following this transac
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Array Technologies Fundamental Analysis
We analyze Array Technologies' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Array Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Array Technologies based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Cash Per Share
Cash Per Share Comparative Analysis
Array Technologies is currently under evaluation in cash per share category among its peers. Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Array Technologies Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Array Technologies stock to make a market-neutral strategy. Peer analysis of Array Technologies could also be used in its relative valuation, which is a method of valuing Array Technologies by comparing valuation metrics with similar companies.
Peers
Array Technologies Related Equities
| FSLR | First Solar | 3.26 | ||||
| JKS | JinkoSolar Holding | 3.19 | ||||
| CSIQ | Canadian Solar | 3.11 | ||||
| SEDG | SolarEdge Technologies | 2.93 | ||||
| NOVA | Sunnova Energy | 2.07 | ||||
| ENPH | Enphase Energy | 1.90 | ||||
| NXT | Nextracker | 1.47 | ||||
| RUN | Sunrun | 0.92 |
Additional Tools for Array Stock Analysis
When running Array Technologies' price analysis, check to measure Array Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Array Technologies is operating at the current time. Most of Array Technologies' value examination focuses on studying past and present price action to predict the probability of Array Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Array Technologies' price. Additionally, you may evaluate how the addition of Array Technologies to your portfolios can decrease your overall portfolio volatility.