Arcadis (OTCMKTS:ARCAY) Shares Down 19.5% – Time to Sell?

Arcadis NV (OTCMKTS:ARCAY) shares dropped 19.5% on Monday . The company traded as low as $38.00 and last traded at $38.00. Approximately 100 shares changed hands during mid-day trading, a decline of 85% from the average daily volume of 671 shares. The stock had previously closed at $47.19.

Wall Street Analysts Forecast Growth

ARCAY has been the topic of a number of analyst reports. UBS Group cut Arcadis from a “buy” rating to a “hold” rating in a research report on Friday, December 19th. KeyCorp lowered Arcadis from an “overweight” rating to a “hold” rating in a report on Thursday, February 19th. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat, Arcadis presently has an average rating of “Hold”.

Arcadis Stock Performance

The company has a fifty day moving average of $45.71 and a 200-day moving average of $47.21. The company has a quick ratio of 1.27, a current ratio of 1.27 and a debt-to-equity ratio of 0.86.

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.