Arcadis (OTCMKTS:ARCAY) Shares Gap Down – Should You Sell?

Arcadis NV (OTCMKTS:ARCAY) 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 traded.

Analysts Set New Price Targets

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

Arcadis Price Performance

The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 0.86. The company’s 50 day moving average price is $45.64 and its 200 day moving average price is $47.48.

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.