Arcontech Group (LON:ARC) Reaches New 1-Year Low – What’s Next?

Arcontech Group plc (LON:ARC)’s share price reached a new 52-week low during trading on Wednesday . The stock traded as low as GBX 73 and last traded at GBX 73.55, with a volume of 6032 shares changing hands. The stock had previously closed at GBX 75.

Arcontech Group Price Performance

The firm has a fifty day moving average of GBX 81.88 and a 200 day moving average of GBX 88.90. The company has a current ratio of 4.43, a quick ratio of 3.54 and a debt-to-equity ratio of 4.29. The company has a market capitalization of £9.84 million, a P/E ratio of 12.04 and a beta of 0.46.

Arcontech Group (LON:ARC) last posted its earnings results on Thursday, February 5th. The company reported GBX 2.77 earnings per share (EPS) for the quarter. Arcontech Group had a net margin of 27.01% and a return on equity of 9.46%. On average, equities research analysts anticipate that Arcontech Group plc will post 5.8982684 EPS for the current year.

Insiders Place Their Bets

In related news, insider Matthew Jeffs acquired 20,000 shares of the stock in a transaction that occurred on Thursday, February 5th. The shares were bought at an average price of GBX 76 per share, for a total transaction of £15,200. 54.50% of the stock is currently owned by company insiders.

Arcontech Group Company Profile

Arcontech Group plc, together with its subsidiaries, develops and sells proprietary software in the United Kingdom, rest of Europe, Africa, North America, Australia, and the Asia Pacific. Its products include Excelerator Desktop that provides a graphical user interface, which integrates various internal and external real-time data sources into a single-screen format; CityVision, a market data platform for real-time data reception, transformation, and publishing; and CityVision Multi Vendor Contribution System that offers the ability to contribute data to various destinations, including Refinitiv, Bloomberg, ICE, and Six.