Media coverage about ARC Group Worldwide (NASDAQ:ARCW) has been trending somewhat positive recently, according to Accern Sentiment. Accern identifies negative and positive press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. ARC Group Worldwide earned a coverage optimism score of 0.01 on Accern’s scale. Accern also assigned media stories about the technology company an impact score of 45.4756346251418 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

ARC Group Worldwide (ARCW) traded up 4.35% during mid-day trading on Friday, hitting $2.40. 13,547 shares of the stock were exchanged. ARC Group Worldwide has a 12-month low of $2.17 and a 12-month high of $5.95. The company has a 50 day moving average of $2.72 and a 200 day moving average of $3.57. The firm’s market cap is $43.61 million.

ARC Group Worldwide (NASDAQ:ARCW) last announced its quarterly earnings data on Monday, May 15th. The technology company reported ($0.16) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.05) by $0.11. The firm had revenue of $25.50 million during the quarter, compared to analyst estimates of $28.83 million. ARC Group Worldwide had a negative net margin of 0.70% and a negative return on equity of 7.31%. The company’s quarterly revenue was up 2.4% compared to the same quarter last year. During the same quarter last year, the company earned ($0.01) EPS. On average, equities analysts anticipate that ARC Group Worldwide will post ($0.20) earnings per share for the current fiscal year.

ARCW has been the topic of a number of research reports. ValuEngine downgraded shares of ARC Group Worldwide from a “hold” rating to a “sell” rating in a research report on Wednesday, May 17th. Zacks Investment Research upgraded shares of ARC Group Worldwide from a “strong sell” rating to a “hold” rating in a report on Tuesday, June 13th.

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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.

Insider Buying and Selling by Quarter for ARC Group Worldwide (NASDAQ:ARCW)

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