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

Arcadis NV (OTCMKTS:ARCAY)’s share price gapped down prior to trading on Monday . The stock had previously closed at $41.96, but opened at $40.04. Arcadis shares last traded at $40.04, with a volume of 265 shares changing hands.

Analyst Upgrades and Downgrades

ARCAY has been the subject of several research reports. KeyCorp cut shares of Arcadis from an “overweight” rating to a “hold” rating in a research report on Thursday, February 19th. Zacks Research raised shares of Arcadis from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 22nd. One research analyst has rated the stock with a Strong Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy”.

Arcadis Price Performance

The firm’s 50-day moving average price is $36.52 and its two-hundred day moving average price is $40.95. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.02 and a quick ratio of 1.02.

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.