Basic Stock Data on Array BioPharma Inc. (ARRY)

In the past 52-week period, shares of Array BioPharma Inc. (NASDAQ:ARRY) have moved within the range of $6.73 to $13.40. On the stock’s most recent trading day, the company’s shares ended the regular session at $10.88, which is 18.81% higher than its 52-week high.

Array BioPharma Inc. (ARRY) has demonstrated a 20-day simple moving average (SMA) of -1.82%, and a 50-day SMA of -4.87%. This public company’s current market capitalization stands at $2.12 billion.

Analyzing Consensus Estimates, Sales Revenue and Net Income

When considering entering a position, it is crucial to understand the average enthusiasm level expressed by Wall Street analysts for that particular stock. According to the latest data, the consensus recommendation for Array BioPharma Inc. (ARRY) is Outperform.

Publicly-traded organizations typically post revenue and earnings results that fall either above or below the average Wall Street estimate. In the most recent quarterly financial report, for the quarter ending Sep. 2017, Array BioPharma Inc. (ARRY) delivered a 10.61% surprise with its net revenue. Sales reached $0.03 billion during the three-month period, compared to the average analyst estimate of $0.03 billion.

Meanwhile, during the same quarter Array BioPharma Inc. (ARRY) delivered a -1.15% earnings surprise. Net earnings for the quarter were posted at -$0.22 per share, whereas Wall Street had forecast -$0.22 per share.

Ownership at Array BioPharma Inc. (ARRY), According to Most Recent SEC Filings

We can find critical insight by examining institutional ownership, which are reported in public companies’ most recent 13F filings. Array BioPharma Inc. (ARRY) has 0 billion shares outstanding currently, 98.19% of which belong to institutional investors. Those institutional holdings amount to $2.21 billion.

Additionally, according to the most recent 13F filing from Array BioPharma Inc. (ARRY), there were 41 new positions totaling 9,467,848 shares of the company’s stock. There were 36 sold out positions, on the other hand, totaling 4,590,908 shares.

Short, Medium and Long Term Indicators

A stock’s average trade volume, as recorder over the short, medium and long terms, is helpful to analyze in order to gain a better understanding of trading activity and investor sentiment. Array BioPharma Inc. (ARRY) has had a 20-day average volume of 2,839,315 shares, with an average of 80% of short term indicators pointed at Sell.

The stock’s 50-day average volume has been 2,941,168 shares, with an average of 25% of medium term indicators pointing toward Buy. Finally, its 100-day average volume is 3,669,483 shares with 67% of long-term indicators pointing to Buy.