Arcontech Group (LON:ARC) Hits New 12-Month Low – Here’s Why

Arcontech Group plc (LON:ARC) shares hit a new 52-week low on Thursday . The stock traded as low as GBX 70.50 and last traded at GBX 72.88, with a volume of 46762 shares trading hands. The stock had previously closed at GBX 74.

Arcontech Group Stock Down 0.2%

The company’s fifty day simple moving average is GBX 80.12 and its 200-day simple moving average is GBX 87.77. The firm has a market capitalization of £9.75 million, a PE ratio of 11.93 and a beta of 0.46. The company has a debt-to-equity ratio of 4.29, a current ratio of 4.43 and a quick ratio of 3.54.

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

Insider Buying and Selling

In other Arcontech Group news, insider Matthew Jeffs purchased 20,000 shares of the firm’s stock in a transaction on Thursday, February 5th. The stock was bought at an average cost of GBX 76 per share, for a total transaction 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.