Arcadis (OTCMKTS:ARCAY) Shares Gap Down – Time to Sell?

Shares of Arcadis NV (OTCMKTS:ARCAY) gapped down before the market opened on Monday . The stock had previously closed at $45.00, but opened at $42.66. Arcadis shares last traded at $41.00, with a volume of 3,383 shares changing hands.

Analysts Set New Price Targets

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

Arcadis Price Performance

The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.02 and a current ratio of 1.02. The stock’s 50-day moving average is $35.81 and its two-hundred day moving average is $42.43.

Arcadis Company Profile

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.