Arcontech Group (LON:ARC) Trading Down 9.4% – What’s Next?

Arcontech Group plc (LON:ARC) was down 9.4% during trading on Monday . The company traded as low as GBX 96.16 ($1.22) and last traded at GBX 96.99 ($1.23). Approximately 111,657 shares changed hands during mid-day trading, an increase of 792% from the average daily volume of 12,523 shares. The stock had previously closed at GBX 107.07 ($1.36).

Arcontech Group Stock Up 6.1 %

The company has a current ratio of 4.36, a quick ratio of 3.54 and a debt-to-equity ratio of 6.51. The company has a 50 day simple moving average of GBX 113.48 and a two-hundred day simple moving average of GBX 114.39. The firm has a market capitalization of £11.48 million, a P/E ratio of 10.79 and a beta of 0.46.

Arcontech Group (LON:ARC) last issued its earnings results on Monday, February 24th. The company reported GBX 3.70 ($0.05) earnings per share for the quarter. Arcontech Group had a net margin of 36.69% and a return on equity of 13.37%. On average, equities analysts predict that Arcontech Group plc will post 5.8982684 EPS for the current fiscal year.

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.