ARC Document Solutions Inc. (NYSE:ARC) hit a new 52-week low on Friday . The company traded as low as $3.11 and last traded at $3.13, with a volume of 36,680 shares trading hands. The stock had previously closed at $3.26.

A number of equities research analysts have weighed in on ARC shares. Zacks Investment Research upgraded shares of ARC Document Solutions from a “sell” rating to a “hold” rating in a research report on Tuesday, April 19th. B. Riley reiterated a “buy” rating and set a $4.10 price target on shares of ARC Document Solutions in a research report on Saturday, August 6th. One analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $7.70.

The firm has a market capitalization of $146.30 million and a PE ratio of 4.98. The firm’s 50-day moving average price is $3.84 and its 200 day moving average price is $3.92.

ARC Document Solutions (NYSE:ARC) last released its quarterly earnings data on Tuesday, August 2nd. The company reported $0.10 EPS for the quarter, hitting the consensus estimate of $0.10. During the same quarter in the prior year, the firm earned $0.13 earnings per share. The business earned $103.80 million during the quarter, compared to analysts’ expectations of $109.31 million. ARC Document Solutions’s quarterly revenue was down 8.5% on a year-over-year basis. On average, equities analysts expect that ARC Document Solutions Inc. will post $0.25 EPS for the current fiscal year.

In related news, CEO Kumarakulasingam Suriyakumar sold 200,000 shares of the business’s stock in a transaction dated Monday, June 6th. The shares were sold at an average price of $4.10, for a total value of $820,000.00. Following the sale, the chief executive officer now directly owns 495,772 shares in the company, valued at approximately $2,032,665.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

A hedge fund recently raised its stake in ARC Document Solutions stock. Russell Frank Co boosted its position in shares of ARC Document Solutions Inc. (NYSE:ARC) by 32.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 428,012 shares of the company’s stock after buying an additional 104,942 shares during the period. Russell Frank Co owned approximately 0.91% of ARC Document Solutions worth $1,905,000 as of its most recent filing with the SEC.

ARC Document Solutions, Inc (ARC) is a document solutions provider for the architectural, engineering and construction (AEC) industry. The Company also provides document solutions to businesses of various types. ARC’s offerings include managed print services (MPS), offsite services, archive and information management (AIM), specialized color printing, Web-based document management applications, digital shipping/managed file transfer, and equipment and supplies sales.

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