Arcadis (OTCMKTS:ARCAY) Shares Gap Up – What’s Next?

Arcadis NV (OTCMKTS:ARCAY)’s share price gapped up prior to trading on Friday . The stock had previously closed at $41.00, but opened at $48.00. Arcadis shares last traded at $48.00, with a volume of 146 shares.

Analyst Ratings Changes

Separately, UBS Group downgraded shares of Arcadis from a “buy” rating to a “hold” rating in a research note on Friday, December 19th. One analyst has rated the stock with a Hold rating, According to MarketBeat, Arcadis currently has an average rating of “Hold”.

Arcadis Stock Up 16.0%

The company has a quick ratio of 1.27, a current ratio of 1.27 and a debt-to-equity ratio of 0.86. The stock’s 50 day moving average is $42.77 and its two-hundred day moving average is $47.60.

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.