Array Digital Infrastructure Inc. (NYSE:AD - Get Free Report)'s stock price reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $50.44 and last traded at $50.59, with a volume of 88141 shares traded. The stock had previously closed at $51.27.
Wall Street Analyst Weigh In
Several equities analysts have recently weighed in on AD shares. Wall Street Zen upgraded Array Digital Infrastructure from a "hold" rating to a "buy" rating in a research report on Friday, September 5th. Zacks Research raised shares of Array Digital Infrastructure to a "hold" rating in a report on Tuesday, August 12th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has a consensus rating of "Hold".
Check Out Our Latest Stock Analysis on Array Digital Infrastructure
Array Digital Infrastructure Price Performance
The company has a quick ratio of 1.71, a current ratio of 1.87 and a debt-to-equity ratio of 0.61. The stock has a market cap of $4.39 billion, a P/E ratio of -170.23 and a beta of 0.31.
Insider Buying and Selling
In other Array Digital Infrastructure news, Director Harry J. Harczak, Jr. sold 1,960 shares of the company's stock in a transaction on Monday, August 18th. The stock was sold at an average price of $76.20, for a total transaction of $149,352.00. Following the completion of the sale, the director owned 19,374 shares in the company, valued at $1,476,298.80. This represents a 9.19% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Douglas W. Chambers sold 93,300 shares of the business's stock in a transaction on Tuesday, August 12th. The stock was sold at an average price of $75.77, for a total value of $7,069,341.00. Following the completion of the transaction, the chief executive officer directly owned 17,600 shares of the company's stock, valued at approximately $1,333,552. The trade was a 84.13% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.00% of the company's stock.
About Array Digital Infrastructure
(
Get Free Report)
United States Cellular Corporation provides wireless telecommunications services in the United States. The company offers wireless services, including voice, messaging, and data services. It also provides devices, such as smartphones and other handsets, tablets, wearables, mobile hotspots, routers, and internet of things devices.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Array Digital Infrastructure, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Array Digital Infrastructure wasn't on the list.
While Array Digital Infrastructure currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Fall 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
