Arcadis (OTCMKTS:ARCAY) Shares Down 10.5% – What’s Next?

Arcadis NV (OTCMKTS:ARCAY)’s share price fell 10.5% during mid-day trading on Tuesday . The company traded as low as $33.00 and last traded at $33.00. 109 shares traded hands during mid-day trading, a decline of 77% from the average session volume of 480 shares. The stock had previously closed at $36.88.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the stock. KeyCorp downgraded shares of Arcadis from an “overweight” rating to a “hold” rating in a report on Thursday, February 19th. Zacks Research raised shares of Arcadis to a “hold” rating in a research note on Tuesday, February 24th. Finally, UBS Group lowered shares of Arcadis from a “buy” rating to a “hold” rating in a research note on Friday, December 19th. Three research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Hold”.

Arcadis Trading Down 10.5%

The company’s 50 day moving average price is $45.42 and its two-hundred day moving average price is $46.51. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.27 and a quick 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.