Arcadis (OTCMKTS:ARCAY) Shares Gap Down – Here’s What Happened

Arcadis NV (OTCMKTS:ARCAY)’s share price gapped down before the market opened on Friday . The stock had previously closed at $50.00, but opened at $42.75. Arcadis shares last traded at $42.75, with a volume of 100 shares.

Analyst Ratings Changes

A number of equities analysts have issued reports on ARCAY shares. KeyCorp lowered shares of Arcadis from an “overweight” rating to a “sector weight” rating in a research report on Thursday. UBS Group lowered shares of Arcadis from a “buy” rating to a “hold” rating in a research note on Friday, December 19th. Two analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Arcadis Price Performance

The company has a debt-to-equity ratio of 0.86, a current ratio of 1.27 and a quick ratio of 1.27. The stock has a fifty day simple moving average of $45.64 and a 200-day simple moving average of $47.48.

About Arcadis

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.