ARC Group WorldWide (ARCW) Receiving Somewhat Critical Media Coverage, Study Finds
Media headlines about ARC Group WorldWide (NASDAQ:ARCW) have trended somewhat negative recently, according to Accern Sentiment. The research firm identifies negative and positive news coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. ARC Group WorldWide earned a news sentiment score of -0.01 on Accern’s scale. Accern also gave news headlines about the technology company an impact score of 46.2648860882282 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
ARC Group WorldWide (NASDAQ ARCW) remained flat at $$2.20 during midday trading on Wednesday. 63,700 shares of the stock traded hands, compared to its average volume of 16,791. ARC Group WorldWide has a one year low of $1.83 and a one year high of $4.97. The company has a current ratio of 1.61, a quick ratio of 0.83 and a debt-to-equity ratio of 1.39.
ARC Group WorldWide (NASDAQ:ARCW) last posted its quarterly earnings data on Monday, November 13th. The technology company reported ($0.16) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.04) by ($0.12). ARC Group WorldWide had a negative net margin of 18.10% and a negative return on equity of 17.44%. The company had revenue of $19.95 million for the quarter. sell-side analysts forecast that ARC Group WorldWide will post -0.07 earnings per share for the current year.
In related news, Director Jason Taney Young sold 40,289 shares of the stock in a transaction that occurred on Thursday, September 28th. The shares were sold at an average price of $2.35, for a total transaction of $94,679.15. Following the completion of the sale, the director now owns 490,006 shares of the company’s stock, valued at approximately $1,151,514.10. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 3.59% of the company’s stock.
About ARC Group WorldWide
ARC Group Worldwide, Inc is a manufacturing company. The Company has two segments: Precision Components Group, 3DMT Group. It provides a set of manufacturing solutions, from design and prototyping through production. Through the Company’s product offering, it provides its customers with a prototyping and production solution for both precision metal and plastic fabrication.
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