Arcadis (OTCMKTS:ARCAY) Shares Gap Down – What’s Next?
by Teresa Graham · The Cerbat GemShares of Arcadis NV (OTCMKTS:ARCAY – Get Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at $52.4950, but opened at $50.00. Arcadis shares last traded at $50.00, with a volume of 383 shares.
Wall Street Analyst Weigh In
Separately, UBS Group lowered Arcadis from a “buy” rating to a “hold” rating in a research report on Friday, December 19th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, the company currently has an average rating of “Hold”.
Read Our Latest Research Report on Arcadis
Arcadis Price Performance
The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.27 and a current ratio of 1.27. The business has a fifty day simple moving average of $43.50 and a 200 day simple moving average of $47.68.
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.