ARC Group Worldwide (ARCW) Receiving Somewhat Favorable Press Coverage, Study Shows
News stories about ARC Group Worldwide (NASDAQ:ARCW) have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group ranks the sentiment of press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. ARC Group Worldwide earned a media sentiment score of 0.11 on Accern’s scale. Accern also gave media headlines about the technology company an impact score of 45.2718525571194 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Shares of ARC Group Worldwide (NASDAQ ARCW) traded up 5.918% during trading on Friday, reaching $2.595. The company’s stock had a trading volume of 9,447 shares. ARC Group Worldwide has a one year low of $2.00 and a one year high of $5.95. The company’s market capitalization is $47.15 million. The firm’s 50-day moving average price is $2.60 and its 200-day moving average price is $3.43.
Several brokerages have weighed in on ARCW. Zacks Investment Research raised ARC Group Worldwide from a “strong sell” rating to a “hold” rating in a report on Tuesday, June 13th. ValuEngine raised ARC Group Worldwide from a “sell” rating to a “hold” rating in a report on Friday, June 2nd.
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ARC Group Worldwide Company Profile
ARC Group Worldwide, Inc is a manufacturing company. The Company has four segments: Precision Components Group, 3DMT Group, Flanges and Fittings Group, and Wireless 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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