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

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

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on ARCAY. Zacks Research raised Arcadis to a “hold” rating in a research report on Tuesday, February 24th. KeyCorp lowered Arcadis from an “overweight” rating to a “hold” rating in a report on Thursday, February 19th. 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 Stock Up 36.7%

The company has a debt-to-equity ratio of 0.59, a current ratio of 1.02 and a quick ratio of 1.02. The stock has a fifty day moving average price of $37.55 and a two-hundred day moving average price of $43.69.

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.