Arcadis (OTCMKTS:ARCAY) Rating Increased to Strong-Buy at Zacks Research

Zacks Research upgraded shares of Arcadis (OTCMKTS:ARCAY) from a hold rating to a strong-buy rating in a report issued on Wednesday morning,Zacks.com reports.

Separately, KeyCorp downgraded shares of Arcadis from an “overweight” rating to a “hold” rating in a report on Thursday, February 19th. One analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, Arcadis presently has a consensus rating of “Moderate Buy”.

Arcadis Stock Up 31.7%

Shares of Arcadis stock opened at $39.50 on Wednesday. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.02 and a quick ratio of 1.02. Arcadis has a fifty-two week low of $27.03 and a fifty-two week high of $75.99. The firm has a fifty day moving average price of $36.14 and a two-hundred day moving average price of $43.28.

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.