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

Arcadis NV (OTCMKTS:ARCAY) shares gapped up before the market opened 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.

Wall Street Analyst Weigh In

Separately, UBS Group cut shares of Arcadis from a “buy” rating to a “hold” rating in a report on Friday, December 19th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock has an average rating of “Hold”.

Arcadis Trading Up 2.5%

The company has a 50-day simple moving average of $45.47 and a two-hundred day simple moving average of $48.22. The company has a quick ratio of 1.27, a current ratio of 1.27 and a debt-to-equity ratio of 0.86.

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.