ARC Document Solutions, Inc. (ARC)’s Stock Is Sell After Achieving 52 Week Low

July 13, 2018 - By Theresa Judd

ARC Document Solutions, Inc. (NYSE:ARC) Logo

Investors sentiment decreased to 1.26 in 2018 Q1. Its down 0.03, from 1.29 in 2017Q4. It turned negative, as 8 investors sold ARC Document Solutions, Inc. shares while 26 reduced holdings. 19 funds opened positions while 24 raised stakes. 30.70 million shares or 0.60% more from 30.52 million shares in 2017Q4 were reported.
Arrowstreet Limited Partnership has 14,110 shares for 0% of their portfolio. Jacobs Levy Equity owns 75,272 shares. Jpmorgan Chase And reported 1.51 million shares. Ameritas Investment owns 3,218 shares or 0% of their US portfolio. 103,133 were reported by Stone Ridge Asset Mgmt Ltd Llc. First Manhattan holds 75,800 shares or 0% of its portfolio. Millennium Management Llc reported 254,885 shares or 0% of all its holdings. 10,000 were accumulated by Blair William Company Il. Meeder Asset Mgmt holds 2,737 shares or 0% of its portfolio. 165,887 are held by Invesco Ltd. Citadel Advisors Ltd Liability Corporation owns 27,903 shares for 0% of their portfolio. Bankshares Of America De holds 0% in ARC Document Solutions, Inc. (NYSE:ARC) or 351,302 shares. Bridgeway Capital Mgmt Incorporated stated it has 0.01% in ARC Document Solutions, Inc. (NYSE:ARC). Northwestern Mutual Wealth Mngmt stated it has 300 shares or 0% of all its holdings. 64,436 are held by Wells Fargo & Mn.

Since March 13, 2018, it had 3 insider purchases, and 1 insider sale for $34,274 activity. $8,153 worth of ARC Document Solutions, Inc. (NYSE:ARC) was bought by Grimes Dennis Jeffery on Friday, March 30. 10,500 shares were sold by Roy Rahul K, worth $25,725 on Thursday, March 22.

The stock of ARC Document Solutions, Inc. (NYSE:ARC) hit a new 52-week low and has $1.59 target or 3.00 % below today’s $1.64 share price. The 6 months bearish chart indicates high risk for the $74.23M company. The 1-year low was reported on Jul, 13 by Barchart.com. If the $1.59 price target is reached, the company will be worth $2.23M less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock.

The stock decreased 4.09% or $0.07 during the last trading session, reaching $1.64. About 224,248 shares traded. ARC Document Solutions, Inc. (NYSE:ARC) has declined 40.24% since July 13, 2017 and is downtrending. It has underperformed by 52.81% the S&P500.

Analysts await ARC Document Solutions, Inc. (NYSE:ARC) to report earnings on August, 7. They expect $0.06 EPS, down 25.00 % or $0.02 from last year’s $0.08 per share. ARC’s profit will be $2.72M for 6.83 P/E if the $0.06 EPS becomes a reality. After $0.01 actual EPS reported by ARC Document Solutions, Inc. for the previous quarter, Wall Street now forecasts 500.00 % EPS growth.

Another recent and important ARC Document Solutions, Inc. (NYSE:ARC) news was published by Prnewswire.com which published an article titled: “ARC Launches Value Calculator to Help Facility Teams Quantify Cost Savings from Using Mobile Facilities Dashboards” on June 20, 2018.

ARC Document Solutions, Inc., a reprographics company, provides document solutions worldwide. The company has market cap of $74.23 million. It offers managed print services, an onsite service that places, manages, and optimizes print and imaging equipment in customers' offices, job sites, and other facilities; and operates 177 offsite service centers that offer managed print service clients with the flexibility and overflow capacity during peak workloads. It currently has negative earnings. The firm also provides archive and information management services; and specialized color printing comprising color printing, finishing and assembly of graphic materials for regional and national retailers, franchises, marketing departments, theme parks, and cultural institutions.

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