Arcadis (OTCMKTS:ARCAY) Shares Gap Up – Time to Buy?

Shares of Arcadis NV (OTCMKTS:ARCAY) gapped up prior to trading on Monday . The stock had previously closed at $40.00, but opened at $41.00. Arcadis shares last traded at $41.00, with a volume of 1,951 shares traded.

Wall Street Analyst Weigh In

Separately, UBS Group cut Arcadis from a “buy” rating to a “hold” rating in a report on Friday, December 19th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, Arcadis presently has a consensus rating of “Hold”.

Arcadis Stock Performance

The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 0.86. The firm’s 50-day moving average price is $44.93 and its 200-day moving average price is $48.06.

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.