Somewhat Negative Media Coverage Somewhat Unlikely to Affect ARC Group WorldWide (ARCW) Share Price
Media coverage about ARC Group WorldWide (NASDAQ:ARCW) has been trending somewhat negative this week, according to Accern. Accern rates the sentiment of press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. ARC Group WorldWide earned a news sentiment score of -0.08 on Accern’s scale. Accern also gave news headlines about the technology company an impact score of 46.8275146725413 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Separately, Zacks Investment Research cut shares of ARC Group WorldWide from a “hold” rating to a “sell” rating in a research note on Tuesday, October 17th.
Shares of ARC Group WorldWide (NASDAQ ARCW) traded down $0.05 during trading on Tuesday, hitting $2.55. 3,000 shares of the stock were exchanged, compared to its average volume of 28,460. The company has a debt-to-equity ratio of 1.39, a current ratio of 1.61 and a quick ratio of 0.83. ARC Group WorldWide has a twelve month low of $1.83 and a twelve month high of $4.97. The firm has a market capitalization of $45.68, a PE ratio of -2.74 and a beta of 3.48.
ARC Group WorldWide (NASDAQ:ARCW) last issued its quarterly earnings data on Monday, November 13th. The technology company reported ($0.16) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.04) by ($0.12). ARC Group WorldWide had a negative return on equity of 17.44% and a negative net margin of 18.10%. The firm had revenue of $19.95 million during the quarter. equities research analysts anticipate that ARC Group WorldWide will post -0.07 EPS for the current year.
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ARC Group WorldWide Company Profile
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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