ARC Stock Summary and Trading Ideas (Arc Document Solutions | NYSE:ARC)

ARC Document Solutions Inc is a world-wide document solutions provider. The company's service offerings include Digital Printing, managed print services (MPS), Scanning and Digital Imaging, archive and Equipment and Supplies Sales, Web-based document management applications, and equipment and supplies sales. Its product application involves in several industries such as the architectural, engineering, and construction. It principally engages in providing an onsite service to install a complete document solution platform in its customers' offices and project sites operate offsite service centers and enable its customers to store information and intellectual property in a cloud-based and searchable digital archive.

Arc Document Solutions trades on the NYSE stock market under the symbol ARC.

As of April 23, 2024, ARC stock price climbed to $2.68 with 49,996 million shares trading.

ARC has a beta of 1.13, meaning it tends to be more sensitive to market movements. ARC has a correlation of 0.23 to the broad based SPY ETF.

ARC has a market cap of $115.65 million. This is considered a Micro Cap stock.

Last quarter Arc Document Solutions reported $69 million in Revenue and $.05 earnings per share. This beat revenue expectation by $1 million and met earnings estimates .

In the last 3 years, ARC stock traded as high as $4.18 and as low as $1.95.

The top ETF exchange traded funds that ARC belongs to (by Net Assets): VTI, VXF, DES, BSVO, DFAT.

ARC has underperformed the market in the last year with a return of -6.2%, while the SPY ETF gained +24.3%. In the last 3 month period, ARC fell short of the market, returning -7.1%, while SPY returned +4.9%. However, in the most recent 2 weeks ARC has outperformed the stock market by returning +0.8%, while SPY returned -2.5%.

ARC support price is $2.60 and resistance is $2.70 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ARC stock will trade within this expected range on the day.