ARRY
Array Technologies Inc. Technology - Solar Investor Relations →
Array Technologies Inc. (ARRY) closed at $11.86 as of 2026-02-02, trading 9.2% below its 200-week moving average of $13.06. This places ARRY in the deep value zone. The stock moved further from the line this week, up from -13.2% last week. The 14-week RSI sits at 68, indicating neutral momentum.
Over the past 229 weeks of data, ARRY has crossed below its 200-week moving average 5 times. On average, these episodes lasted 43 weeks. The average one-year return after crossing below was -24.6%, suggesting these dips have not historically been reliable buying opportunities for this stock.
With a market cap of $1812 million, ARRY is a small-cap stock. The company generates a free cash flow yield of 7.8%, which is healthy. Return on equity stands at -7.8%. The stock trades at -38.8x book value.
Share count has increased 12.5% over three years, indicating dilution.
Over the past 4.5 years, a hypothetical investment of $100 in ARRY would have grown to $66, compared to $171 for the S&P 500. ARRY has returned -9.0% annualized vs 12.7% for the index, underperforming the broader market over this period.
Free cash flow has been volatile over the past several years, making the quality of earnings harder to assess.
Growth of $100: ARRY vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After ARRY Crosses Below the Line?
Across 5 historical episodes, buying ARRY when it crossed below its 200-week moving average produced an average return of -34.0% after 12 months (median -31.0%), compared to +18.8% for the S&P 500 over the same periods. After 24 months, the average return was -44.6% vs +44.6% for the index.
Each line shows $100 invested at the moment ARRY crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
ARRY has crossed below its 200-week MA 5 times with an average 1-year return of +-24.6% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Sep 2021 | Nov 2022 | 61 | 72.4% | -3.3% | -31.4% |
| Dec 2022 | Jan 2023 | 5 | 12.6% | -22.8% | -42.1% |
| Jan 2023 | May 2023 | 14 | 20.1% | -30.8% | -40.0% |
| Jun 2023 | Aug 2023 | 10 | 15.1% | -41.4% | -44.1% |
| Oct 2023 | Ongoing | 123+ | 71.0% | Ongoing | -39.9% |
| Average | 43 | — | +-24.6% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02