ARC Document Solutions Inc. (NYSE:ARC)’s share price was up 2.1% during trading on Friday . The company traded as high as $3.44 and last traded at $3.36, with a volume of 78,143 shares trading hands. The stock had previously closed at $3.29.

A number of equities analysts recently commented on ARC shares. Zacks Investment Research lowered ARC Document Solutions from a “hold” rating to a “sell” rating in a research note on Thursday, August 4th. B. Riley reissued a “buy” rating and set a $5.00 price target on shares of ARC Document Solutions in a research note on Monday, May 2nd. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $7.70.

The stock’s 50 day moving average price is $3.66 and its 200 day moving average price is $3.89. The company has a market cap of $153.66 million and a price-to-earnings ratio of 5.23.

ARC Document Solutions (NYSE:ARC) last released its quarterly earnings data on Tuesday, August 2nd. The company reported $0.10 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.10. The company had revenue of $103.80 million for the quarter, compared to analysts’ expectations of $109.31 million. The business’s quarterly revenue was down 8.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.13 EPS. Analysts predict that ARC Document Solutions Inc. will post $0.25 EPS for the current year.

In other ARC Document Solutions news, CEO Kumarakulasingam Suriyakumar sold 200,000 shares of ARC Document Solutions stock in a transaction dated Monday, June 6th. The stock was sold at an average price of $4.10, for a total transaction of $820,000.00. Following the completion of the transaction, the chief executive officer now owns 495,772 shares in the company, valued at approximately $2,032,665.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with's FREE daily email newsletter.