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

by · The Markets Daily

Archer Limited (OTCMKTS:ARHVF – Get Free Report) fell 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 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 business’s 50 day moving average is $2.17 and its 200 day moving average is $2.44.

About Archer

(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.

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