Arcadis (OTCMKTS:ARCAY) Stock Price Up 30.1% – Here’s What Happened

Arcadis NV (OTCMKTS:ARCAY)’s stock price rose 30.1% on Tuesday . The stock traded as high as $49.1250 and last traded at $49.1250. Approximately 133 shares were traded during trading, a decline of 83% from the average session volume of 764 shares. The stock had previously closed at $37.75.

Wall Street Analyst Weigh In

Separately, Zacks Research cut shares of Arcadis from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 15th. Three investment analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock currently has an average rating of “Hold”.

Arcadis Stock Performance

The firm has a 50-day moving average of $39.81 and a 200 day moving average of $40.46. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.59.

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.