Array Digital Infrastructure Inc. (NYSE:AD - Get Free Report)'s share price reached a new 52-week low during trading on Tuesday . The stock traded as low as $47.84 and last traded at $48.31, with a volume of 21497 shares. The stock had previously closed at $48.39.
Analysts Set New Price Targets
A number of equities research analysts recently commented on the stock. Zacks Research raised shares of Array Digital Infrastructure to a "hold" rating in a report on Tuesday, August 12th. Wall Street Zen raised shares of Array Digital Infrastructure from a "hold" rating to a "buy" rating in a report on Friday, September 5th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock currently has an average rating of "Hold".
Get Our Latest Stock Analysis on AD
Array Digital Infrastructure Trading Down 0.0%
The stock has a market cap of $4.16 billion, a P/E ratio of -161.26 and a beta of 0.31. The company has a current ratio of 1.87, a quick ratio of 1.71 and a debt-to-equity ratio of 0.61.
Insider Buying and Selling at Array Digital Infrastructure
In other Array Digital Infrastructure news, CEO Douglas W. Chambers sold 93,300 shares of the company's stock in a transaction dated Tuesday, August 12th. The shares were sold at an average price of $75.77, for a total transaction of $7,069,341.00. Following the completion of the sale, the chief executive officer directly owned 17,600 shares in the company, valued at $1,333,552. This represents a 84.13% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Harry J. Harczak, Jr. sold 1,960 shares of the company's stock in a transaction dated Monday, August 18th. The shares were sold at an average price of $76.20, for a total transaction of $149,352.00. Following the sale, the director owned 19,374 shares of the company's stock, valued at approximately $1,476,298.80. The trade was a 9.19% decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.00% of the stock is currently owned by insiders.
Array Digital Infrastructure Company Profile
(
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
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.