Arcontech Group (LON:ARC) Sets New 12-Month Low – What’s Next?

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

Arcontech Group Stock Performance

The company has a debt-to-equity ratio of 4.29, a current ratio of 4.43 and a quick ratio of 3.54. The stock has a market cap of £9.78 million, a P/E ratio of 11.97 and a beta of 0.46. The stock has a 50-day simple moving average of GBX 81.35 and a 200-day simple moving average of GBX 88.69.

Arcontech Group (LON:ARC) last posted its quarterly 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%. Research analysts forecast that Arcontech Group plc will post 5.8982684 earnings per share for the current year.

Insiders Place Their Bets

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

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.