ARC Document Solutions Inc (NYSE:ARC) hit a new 52-week low during trading on Tuesday . The company traded as low as $2.24 and last traded at $2.22, with a volume of 125916 shares changing hands. The stock had previously closed at $2.33.

A number of equities research analysts have commented on the stock. Zacks Investment Research downgraded shares of ARC Document Solutions from a “hold” rating to a “sell” rating in a research report on Tuesday. ValuEngine downgraded shares of ARC Document Solutions from a “buy” rating to a “hold” rating in a research report on Thursday, November 2nd. FBR & Co downgraded shares of ARC Document Solutions from a “buy” rating to a “neutral” rating and increased their price objective for the company from $4.00 to $5.25 in a research report on Thursday, November 2nd. B. Riley downgraded shares of ARC Document Solutions from a “buy” rating to a “neutral” rating and dropped their price objective for the company from $5.25 to $4.00 in a research report on Thursday, November 2nd. Finally, TheStreet downgraded shares of ARC Document Solutions from a “c-” rating to a “d+” rating in a research report on Friday, November 17th. One analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a strong buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $4.63.

The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.34 and a current ratio of 1.61. The firm has a market capitalization of $100.81, a PE ratio of 11.42 and a beta of 2.28.

In other news, Director Mark W. Mealy sold 22,000 shares of the company’s stock in a transaction on Thursday, December 21st. The shares were sold at an average price of $2.71, for a total value of $59,620.00. Following the completion of the transaction, the director now owns 116,538 shares in the company, valued at approximately $315,817.98. The sale was disclosed in a document filed with the SEC, which is available at this link. Over the last three months, insiders acquired 3,766 shares of company stock worth $8,802. Insiders own 14.93% of the company’s stock.

Several institutional investors have recently modified their holdings of ARC. Ameriprise Financial Inc. boosted its holdings in shares of ARC Document Solutions by 25.8% in the 2nd quarter. Ameriprise Financial Inc. now owns 672,723 shares of the business services provider’s stock valued at $2,798,000 after buying an additional 138,065 shares in the last quarter. Alambic Investment Management L.P. boosted its holdings in shares of ARC Document Solutions by 129.3% in the 4th quarter. Alambic Investment Management L.P. now owns 219,368 shares of the business services provider’s stock valued at $559,000 after buying an additional 123,720 shares in the last quarter. Strs Ohio boosted its holdings in shares of ARC Document Solutions by 69.0% in the 4th quarter. Strs Ohio now owns 237,000 shares of the business services provider’s stock valued at $604,000 after buying an additional 96,800 shares in the last quarter. Boston Partners boosted its holdings in shares of ARC Document Solutions by 6.3% in the 3rd quarter. Boston Partners now owns 1,540,913 shares of the business services provider’s stock valued at $6,302,000 after buying an additional 91,010 shares in the last quarter. Finally, Algert Global LLC boosted its holdings in shares of ARC Document Solutions by 64.0% in the 4th quarter. Algert Global LLC now owns 214,512 shares of the business services provider’s stock valued at $547,000 after buying an additional 83,690 shares in the last quarter. Institutional investors and hedge funds own 70.59% of the company’s stock.

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ARC Document Solutions Company Profile

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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