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

Shares of Arcadis NV (OTCMKTS:ARCAY) gapped up prior to trading on Thursday . The stock had previously closed at $35.50, but opened at $39.00. Arcadis shares last traded at $44.99, with a volume of 2,352 shares traded.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on ARCAY shares. KeyCorp lowered Arcadis from an “overweight” rating to a “hold” rating in a research report on Thursday, February 19th. Zacks Research upgraded Arcadis from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 22nd. One analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

Arcadis Stock Performance

The stock has a 50-day moving average price of $35.73 and a two-hundred day moving average price of $42.90. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.02 and a quick ratio of 1.02.

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.