Arcadis (OTCMKTS:ARCAY) Shares Gap Up – Time to Buy?

Shares of Arcadis NV (OTCMKTS:ARCAY) gapped up prior to trading on Wednesday . The stock had previously closed at $45.50, but opened at $47.50. Arcadis shares last traded at $49.8150, with a volume of 2,616 shares.

Analyst Upgrades and Downgrades

Separately, Zacks Research cut shares of Arcadis from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 15th. Three research analysts have rated the stock with a Hold rating, According to MarketBeat, Arcadis presently has an average rating of “Hold”.

Arcadis Stock Up 7.7%

The company has a debt-to-equity ratio of 0.59, a current ratio of 1.02 and a quick ratio of 1.02. The company has a 50 day simple moving average of $47.65 and a 200-day simple moving average of $41.16.

Arcadis Company Profile

Arcadis N.V. is a global design, engineering and consultancy company focused on the development and management of natural and built assets. The company provides professional services to public- and private-sector clients across the infrastructure, buildings, environment and water markets.

Its services include architectural and engineering design, environmental assessment and remediation, climate resilience planning, urban development, transportation and infrastructure consulting, water management, and project and program management.