Arcadis (OTCMKTS:ARCAY) Raised to “Hold” at Zacks Research

Arcadis (OTCMKTS:ARCAY) was upgraded by Zacks Research to a “hold” rating in a research note issued to investors on Tuesday,Zacks.com reports.

ARCAY has been the subject of a number of other research reports. UBS Group downgraded shares of Arcadis from a “buy” rating to a “hold” rating in a research report on Friday, December 19th. KeyCorp cut shares of Arcadis from an “overweight” rating to a “hold” rating in a report on Thursday, February 19th. Three investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company presently has a consensus rating of “Hold”.

Arcadis Price Performance

OTCMKTS ARCAY opened at $39.00 on Tuesday. 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 company has a 50 day simple moving average of $45.71 and a 200-day simple moving average of $47.21. Arcadis has a 52-week low of $28.86 and a 52-week high of $75.99.

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.