Arcadis (OTCMKTS:ARCAY) Shares Down 4.7% – What’s Next?

Shares of Arcadis NV (OTCMKTS:ARCAY) fell 4.7% during trading on Monday . The stock traded as low as $40.00 and last traded at $40.00. 339 shares changed hands during mid-day trading, a decline of 7% from the average session volume of 365 shares. The stock had previously closed at $41.96.

Analyst Upgrades and Downgrades

ARCAY has been the subject of a number of analyst reports. Zacks Research upgraded shares of Arcadis from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 22nd. KeyCorp lowered shares of Arcadis from an “overweight” rating to a “hold” rating in a research report on Thursday, February 19th. One investment analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

Arcadis Price Performance

The stock’s fifty day moving average is $36.68 and its 200 day moving average is $41.08. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.59.

About Arcadis

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.