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

Arcadis NV (OTCMKTS:ARCAY) gapped down before the market opened on Friday . The stock had previously closed at $52.4950, but opened at $43.20. Arcadis shares last traded at $43.20, with a volume of 100 shares traded.

Wall Street Analysts Forecast Growth

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

Arcadis Stock Down 6.0%

The business has a 50-day simple moving average of $45.26 and a two-hundred day simple moving average of $47.72. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.27 and a current ratio of 1.27.

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.