After Reaching All-Time Low, Is ARC Document Solutions, Inc. (ARC)’s Near-Term Analysis Positive?

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

Investors sentiment decreased to 0.73 in Q1 2019. Its down 0.30, from 1.03 in 2018Q4. It dropped, as 6 investors sold ARC Document Solutions, Inc. shares while 27 reduced holdings. 9 funds opened positions while 15 raised stakes. 26.92 million shares or 0.16% less from 26.96 million shares in 2018Q4 were reported.
Marshall Wace Llp stated it has 107,248 shares or 0% of all its holdings. Sei Invs Co accumulated 0% or 13,637 shares. Caprock Group Incorporated reported 0.01% in ARC Document Solutions, Inc. (NYSE:ARC). Boothbay Fund Mngmt Ltd accumulated 252,267 shares. California Employees Retirement System reported 77,460 shares. Renaissance Technologies Ltd Llc holds 3.48M shares or 0.01% of its portfolio. Vanguard Group has invested 0% in ARC Document Solutions, Inc. (NYSE:ARC). Tudor Et Al stated it has 21,551 shares. Moreover, Spark Investment Mgmt Ltd Liability has 0.03% invested in ARC Document Solutions, Inc. (NYSE:ARC). 874,700 are held by Weber Alan W. 66,000 are held by Royal Bankshares Of Canada. Moreover, Old West Investment Mngmt Limited Company has 0.02% invested in ARC Document Solutions, Inc. (NYSE:ARC). Pnc Fin Svcs Gp invested in 0% or 62 shares. Price T Rowe Md reported 0% of its portfolio in ARC Document Solutions, Inc. (NYSE:ARC). Credit Suisse Ag reported 703,539 shares.

The stock of ARC Document Solutions, Inc. (NYSE:ARC) reached all time low today, Aug, 15 and still has $1.24 target or 9.00 % below today’s $1.36 share price. This indicates more downside for the $62.65M company. This technical setup was reported by Barchart.com. If the $1.24 PT is reached, the company will be worth $5.64M less.
Trading stocks at an all time low is not easy. Stock at an all time low usually experience even more downside due to very negative fundament. Even thought the pullback rate is high, shorting is not an easy job because the risk of being wrong is big and the risk-reward ratio is always worse than if trading lon only.

The stock decreased 6.85% or $0.1 during the last trading session, reaching $1.36. About 119,290 shares traded or 24.83% up from the average. ARC Document Solutions, Inc. (NYSE:ARC) has declined 22.54% since August 15, 2018 and is downtrending. It has underperformed by 22.54% the S&P500.

More notable recent ARC Document Solutions, Inc. (NYSE:ARC) news were published by: Businesswire.com which released: “Advanced Drainage Systems Elects Manuel Perez De La Mesa to Board of Directors – Business Wire” on July 23, 2019, also Seekingalpha.com with their article: “ARC Document Solutions, Inc. (ARC) CEO K. Suriyakumar on Q1 2019 Results – Earnings Call Transcript – Seeking Alpha” published on May 06, 2019, Finance.Yahoo.com published: “Mohnish Pabrai Takes Stake in GrafTech International – Yahoo Finance” on August 14, 2019. More interesting news about ARC Document Solutions, Inc. (NYSE:ARC) were released by: Finance.Yahoo.com and their article: “Pfenex and Arcellx Announce a Development, Evaluation and License Agreement – Yahoo Finance” published on August 01, 2019 as well as Stockhouse.com‘s news article titled: “ARC Offers Nationwide HIPAA-Compliant Document Conversion Services – Stockhouse” with publication date: July 18, 2019.

ARC Document Solutions, Inc., a reprographics company, provides document solutions worldwide. The company has market cap of $62.65 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 has a 11.62 P/E ratio. 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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