Archer Limited (OTCMKTS:ARHVF – Get Free Report) shares dropped 2.4% during trading on Wednesday . The stock traded as low as $2.05 and last traded at $2.05. Approximately 216 shares were traded during mid-day trading, a decline of 81% from the average daily volume of 1,121 shares. The stock had previously closed at $2.10.
Archer Price Performance
The stock has a fifty day moving average price of $2.17 and a two-hundred day moving average price of $2.44.
About Archer
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.
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