Archer (OTCMKTS:ARHVF) Trading Down 2.4% – Here’s Why

Shares of Archer Limited (OTCMKTS:ARHVFGet Free Report) traded down 2.4% during trading on Wednesday . The stock traded as low as $2.05 and last traded at $2.05. 216 shares traded hands during mid-day trading, a decline of 81% from the average session volume of 1,121 shares. The stock had previously closed at $2.10.

Archer Trading Down 2.4 %

The company has a 50 day moving average price of $2.17 and a 200 day moving average price of $2.44.

Archer Company Profile

(Get Free Report)

Archer Limited, together with its subsidiaries, provides various oilfield products and services to the oil and gas industry in Norway, Argentina, the United Kingdom, and internationally. The company operates in three segments: Platform Operations, Well Services, and Land Drilling. It provides oil tools, wireline services, and coil tubing and pumping services, as well as well construction and completion, well intervention and workover, slot recovery, well plug and abandonment, and surface, geothermal, and CCUS applications.

Read More

Receive News & Ratings for Archer Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Archer and related companies with MarketBeat.com's FREE daily email newsletter.