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

Arcontech Group plc (LON:ARC)’s stock price reached a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 70.50 and last traded at GBX 72.88, with a volume of 46762 shares traded. The stock had previously closed at GBX 74.

Arcontech Group Price Performance

The business’s fifty day simple moving average is GBX 80.56 and its 200-day simple moving average is GBX 88.08. 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 firm has a market cap of £9.75 million, a P/E ratio of 11.93 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 for the quarter. Arcontech Group had a net margin of 27.01% and a return on equity of 9.46%. As a group, analysts forecast that Arcontech Group plc will post 5.8982684 EPS for the current fiscal year.

Insider Activity

In related news, insider Matthew Jeffs purchased 20,000 shares of the firm’s stock in a transaction on Thursday, February 5th. The shares were acquired at an average cost of GBX 76 per share, with a total value of £15,200. Company insiders own 54.50% of the company’s stock.

About Arcontech Group

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.