Archer Limited (OTCMKTS:ARHVF – Get Free Report)’s share price shot up 6.4% during trading on Friday . The company traded as high as $2.50 and last traded at $2.50. 300 shares were traded during trading, an increase of 12% from the average session volume of 269 shares. The stock had previously closed at $2.35.
Archer Stock Performance
The stock’s 50-day simple moving average is $2.67 and its 200 day simple moving average is $2.52.
Archer Company Profile
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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