Arcadis (OTCMKTS:ARCAY) Trading Down 10.5% – Here’s Why

Arcadis NV (OTCMKTS:ARCAY) shares traded down 10.5% during trading on Tuesday . The stock traded as low as $33.00 and last traded at $33.00. 109 shares traded hands during trading, a decline of 77% from the average session volume of 480 shares. The stock had previously closed at $36.88.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. KeyCorp downgraded Arcadis from an “overweight” rating to a “hold” rating in a report on Thursday, February 19th. Zacks Research raised Arcadis to a “hold” rating in a report on Tuesday, February 24th. Finally, UBS Group lowered Arcadis from a “buy” rating to a “hold” rating in a research note on Friday, December 19th. Three investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, Arcadis presently has an average rating of “Hold”.

Arcadis Price Performance

The company has a current ratio of 1.02, a quick ratio of 1.27 and a debt-to-equity ratio of 0.59. The stock’s 50-day moving average is $45.12 and its 200-day moving average is $46.31.

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.