Sandor Victor, Chief Medical Officer, subtracted 100,000 shares of Array BioPharma Inc. (ARRY) from its portfolio at the rate of $28.51 per share valuing $2,851,000 on Jun 04. The insider left behind 209,543 shares of the company to its portfolio. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of Array BioPharma Inc. (ARRY) was $28.78. Currently, the 1st Resistance Point for this stock is $29.12, with a 2nd Resistance Point sitting at $29.45. Meanwhile, this company’s stock has a 1st Support Level at $28.40 and a 2nd Support Level at $28.01. Array BioPharma Inc. (ARRY) stock has gained $1.52, or 5.58%, in the past five days. In the last full month, these shares have gained $5.67, or 24.53%. In the past three months, this stock’s price has risen by $6.61, or 29.82%. This year-to-date, Array BioPharma Inc. (ARRY) shares have gained $14.53, or 101.96%.
Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For Array BioPharma Inc. (ARRY) stock, 80% of short-term indicators suggest that these shares are a “ Buy .” Meanwhile, 100% of medium-term indicators point to this stock being a “ Buy .” Looking further ahead, 100% of long-term indicators suggest that this stock is a “ Buy .”
With 221,751 K shares outstanding, this company currently has a market capitalization of $6,386,429K. Array BioPharma Inc. (ARRY) generates $173,770 K in annual sales, amounting to annual net income of -$147,350 K. This stock has generated a 1-Year Total Return of 61.23%, a 3-Year Total Return of 719.94%, and a 5-year Total Return of 563.13%. This stock’s 5-Year Dividend Growth is 0.00%. Its Annual Dividend Yield is 0.00%, and its Annual Dividend Rate is 0.00.
In the most recently-reported fiscal quarter, which ended in Mar-19, Array BioPharma Inc. (ARRY) reported earnings of -$0.17 per share. Wall Street analysts, on average, were expecting the company to report earnings of -$0.20 per share, representing a 0.03 difference and -15.30% surprise. In the previous quarter ending in Dec-18, the reported earnings of -$0.05 represented a 0.1 difference from the consensus estimate calling for -$0.15 per share, which was a -66.06% surprise.
For the current fiscal quarter, which is set to end in 06/2019, the average earnings estimate is -$0.16 per share. This estimate came from a total of 8 Wall Street Analysts. Of those market experts, the high estimate was -$0.11 and the low estimate was -$0.22. In the year-ago quarter, Array BioPharma Inc. (ARRY) generated per-share earnings of -$0.24. If the analysts are correct about the current quarter’s earnings, the growth will be +33.33% .
Turning our focus now to insider trading activity, there have been 9 purchases (238,739 shares in total) and 9 sale (218,282 shares in total) in the last 3 months. In the last 6 months, there have been 31 insider buys amounting to 1,300,467 shares and 31 insider sales amounting to 1,260,167 shares. In the past full year, 56 insider purchases were made (involving 2,024,356 shares) and 49 insider sell-offs equivalent to 1,925,904 shares.
Moving onto liquidity, Array BioPharma Inc. (ARRY) has a Current Ratio of 4.71, a Quick Ratio of 4.71 and a Cash Ratio of 4.30. Looking at this company’s capital structure, its Total Debt to Total Equity is 50.87, its Total Debt to Total Capital is 33.72, and its Total Debt to Total Assets is now 24.28. Looking even further ahead into the future, its Long-Term Debt to Equity is 42.49 and its Long-Term Debt to Total Capital is 28.17.