Arcadis (OTCMKTS:ARCAY) Shares Gap Up – What’s Next?

Arcadis NV (OTCMKTS:ARCAY)’s share price gapped up prior to trading on Friday . The stock had previously closed at $36.88, but opened at $42.00. Arcadis shares last traded at $42.00, with a volume of 131 shares changing hands.

Analyst Upgrades and Downgrades

ARCAY has been the topic of several research analyst reports. KeyCorp lowered shares of Arcadis from an “overweight” rating to a “hold” rating in a research note on Thursday, February 19th. Zacks Research raised Arcadis to a “hold” rating in a report on Tuesday, February 24th. Finally, UBS Group downgraded Arcadis from a “buy” rating to a “hold” rating in a report on Friday, December 19th. Three research analysts have rated the stock with a Hold rating, According to MarketBeat.com, Arcadis currently has a consensus rating of “Hold”.

Arcadis Price Performance

The company has a current ratio of 1.02, a quick ratio of 1.27 and a debt-to-equity ratio of 0.59. The company has a 50 day moving average price of $44.87 and a 200 day moving average price of $46.19.

Arcadis Company Profile

Arcadis NV (OTCMKTS:ARCAY) is a leading global design and consultancy firm specializing in the built and natural environment. The company provides a wide range of professional services, including infrastructure design, water management, environmental consulting, project and program management, and advisory services. Arcadis partners with public- and private-sector clients to develop sustainable solutions for urbanization, resource scarcity, and climate change challenges.

Founded in 1888 with origins in Dutch waterway engineering, Arcadis has evolved into a multinational organization operating in more than 70 countries.