Investment analysts at StockNews.com began coverage on shares of ARC Document Solutions (NYSE:ARC – Get Free Report) in a report issued on Saturday. The firm set a “strong-buy” rating on the business services provider’s stock.
ARC Document Solutions Stock Performance
Shares of ARC Document Solutions stock opened at $3.39 on Friday. ARC Document Solutions has a 12-month low of $2.56 and a 12-month high of $3.44. The firm’s 50 day simple moving average is $3.39 and its two-hundred day simple moving average is $3.20. The company has a current ratio of 1.49, a quick ratio of 1.37 and a debt-to-equity ratio of 0.33. The firm has a market capitalization of $146.65 million, a price-to-earnings ratio of 30.82, a PEG ratio of 1.53 and a beta of 1.13.
Institutional Trading of ARC Document Solutions
Several large investors have recently added to or reduced their stakes in the company. Virtu Financial LLC purchased a new position in shares of ARC Document Solutions in the third quarter worth about $199,000. Barclays PLC acquired a new position in ARC Document Solutions in the 3rd quarter worth approximately $282,000. XTX Topco Ltd purchased a new position in ARC Document Solutions during the 3rd quarter worth approximately $121,000. Jane Street Group LLC acquired a new stake in ARC Document Solutions during the 3rd quarter valued at approximately $55,000. Finally, Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of ARC Document Solutions in the 3rd quarter valued at $56,000. Hedge funds and other institutional investors own 48.93% of the company’s stock.
ARC Document Solutions Company Profile
ARC Document Solutions, Inc, a digital printing company, provides digital printing and document-related services in the United States. It provides managed print services, that places, manages, and optimizes print and imaging equipment in customers' offices, job sites, and other facilities; and cloud-based document management software and other digital hosting services.
Further Reading
- Five stocks we like better than ARC Document Solutions
- How to trade using analyst ratings
- S&P 500 ETFs: Expense Ratios That Can Boost Your Long-Term Gains
- Why is the Ex-Dividend Date Significant to Investors?
- How AI Implementation Could Help MongoDB Roar Back in 2025
- What is a Death Cross in Stocks?
- Hedge Funds Boost Oil Positions: Is a Major Rally on the Horizon?
Receive News & Ratings for ARC Document Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ARC Document Solutions and related companies with MarketBeat.com's FREE daily email newsletter.
