Arcontech Group (LON:ARC) Posts Earnings Results

Arcontech Group (LON:ARC) released its quarterly earnings results on Monday. The company reported GBX 5.90 EPS for the quarter, Digital Look Earnings reports. Arcontech Group had a net margin of 27.01% and a return on equity of 9.46%.

Arcontech Group Stock Up 1.9%

Shares of LON ARC traded up GBX 1.50 during mid-day trading on Tuesday, reaching GBX 80. 43,054 shares of the company’s stock traded hands, compared to its average volume of 18,674. The business has a 50-day simple moving average of GBX 80.19 and a 200 day simple moving average of GBX 78.41. The stock has a market cap of £10.70 million, a P/E ratio of 13.09 and a beta of 0.25. The company has a debt-to-equity ratio of 4.29, a current ratio of 4.43 and a quick ratio of 3.54. Arcontech Group has a 1-year low of GBX 70.30 and a 1-year high of GBX 115.

About Arcontech Group

Arcontech Group plc, together with its subsidiaries, develops and sells proprietary software in the United Kingdom, rest of Europe, Africa, North America, Australia, and the Asia Pacific. Its products include Excelerator Desktop that provides a graphical user interface, which integrates various internal and external real-time data sources into a single-screen format; CityVision, a market data platform for real-time data reception, transformation, and publishing; and CityVision Multi Vendor Contribution System that offers the ability to contribute data to various destinations, including Refinitiv, Bloomberg, ICE, and Six.