Arcadis NV (OTCMKTS:ARCAY – Get Free Report) saw a significant growth in short interest in September. As of September 30th, there was short interest totaling 1,731 shares, a growth of 12,264.3% from the September 15th total of 14 shares. Based on an average trading volume of 1,354 shares, the days-to-cover ratio is presently 1.3 days. Approximately 0.0% of the company’s shares are short sold.
Arcadis Price Performance
Shares of ARCAY remained flat at $44.81 during mid-day trading on Friday. Arcadis has a 12 month low of $27.03 and a 12 month high of $75.99. The firm has a 50-day moving average of $49.03 and a two-hundred day moving average of $41.93.
Wall Street Analysts Forecast Growth
Separately, Zacks Research cut Arcadis from a “strong-buy” rating to a “hold” rating in a report on Monday, June 15th. Three investment analysts have rated the stock with a Hold rating, According to MarketBeat, the stock has an average rating of “Hold”.
Arcadis Company Profile
Arcadis N.V. is a Netherlands-based global design, engineering and consultancy company that helps public- and private-sector clients plan, develop and manage natural and built assets. Its work spans infrastructure, buildings, water systems, environmental projects and urban development.
The company provides services including engineering and architectural design, project and program management, environmental consulting, climate adaptation, water management, remediation, transportation planning and digital solutions.
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