News Buzz: ARC Document Solutions, Inc. (NYSE:ARC)

The USA based company ARC Document Solutions, Inc. (NYSE:ARC) ended with change of -3.32% to $2.04 with the total traded volume of 211461 shares versus to an average volume of 161.56K. The stock was negative in the 5 days activity -8.93%. The one month performance of stock was -9.33%. ARC shares are at -6.85% for the quarter and driving a -40.87% return over the course of the past year and is now at -20.00% since this point in 2018.  2500 employees work in the Company. It has market cap of $93.21M. Right now ARC beta is 2.01. The average volatility for the week and month was at 5.88% 4.47% respectively. There are 45.69M shares outstanding and 39.48M shares are floated in market.

ARC Document Solutions, Inc. (NYSE:ARC), a leading document solutions provider to design, engineering, construction, and facilities management professionals, today reported the achievement of ISO/IEC 27001:2013 certification for the company, its managed print services procedures, and its cloud platform, SKYSITE.

The certification signifies compliance with international best practices, and a commitment to a repeatable, continuously improving, risk-based information security management system. Far more than simple permissions and access controls, such a system extends past online security and includes security protocols for people, processes, and IT systems.

Rahul Roy, Chief Technology Officer for ARC said “For us, the ISO 27001 certification represents an external validation of a belief we have always held”. “Your data is private, your data security matters, your data is yours, and it should be protected. This has been a constant theme for our development and network teams since ARC began developing information management platforms in 2000. While it was no surprise to us that our systems were found to be robust, and were certified relatively quickly, the certification provides comfort and confidence for our customers and partners.”

ARC’S certification covers information, management, and processing facilities hosted on Amazon Web Services (AWS), and the design, development, implementation, and operation of the systems, applications, databases, and networks inside ARC. The company’s certifying body is Otabu Certification Limited (UK).

Shares of ARC Document Solutions, Inc. have been recently spotted trading -57.85% off of the 52-week high price. On the other end, company shares have been noted 0.00% away from the low price over the last 52-weeks. 52 week range of the stock remained $ 2.04 – 4.84. Switching over to some distances from popular moving averages, we see that the stock has been recorded -9.21% away from the 50 day moving average and -29.72% away from the 200 day moving average. Moving closer, we can see that shares have been trading -7.50% off of the 20-day moving average.

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    Before joining, Rocky Gerdes worked as a freelance writer. He has more than 10 years’ experience in journalism and public relations. His experience in public relations includes press releases, promotional materials, and working with media outlets. He also has professional experience writing news, technology, and business stories. Rocky learned CFA Level 2 from CFA Institute (USA). He has worked in diverse capacities from financial research to currency trading in a span of 3 years. Rocky covers Business news section. Email Contact: Rocky@stockdigest.info

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