Arcadis (OTCMKTS:ARCAY) Shares Gap Up – Should You Buy?

Shares of Arcadis NV (OTCMKTS:ARCAY) gapped up prior to trading on Monday . The stock had previously closed at $27.03, but opened at $30.9210. Arcadis shares last traded at $36.95, with a volume of 2,675 shares trading hands.

Analyst Ratings Changes

A number of brokerages have commented on ARCAY. KeyCorp downgraded Arcadis from an “overweight” rating to a “hold” rating in a research note on Thursday, February 19th. Zacks Research upgraded Arcadis to a “hold” rating in a research note on Tuesday, February 24th. Three research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock currently has an average rating of “Hold”.

Arcadis Price Performance

The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.59. The stock has a 50 day simple moving average of $37.55 and a 200 day simple moving average of $43.69.

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.