Arcadis (OTCMKTS:ARCAY) Stock Price Down 4.8% – Time to Sell?

Arcadis NV (OTCMKTS:ARCAY) shares traded down 4.8% during trading on Friday . The company traded as low as $50.00 and last traded at $50.00. 200 shares were traded during trading, an increase of 619% from the average daily volume of 28 shares. The stock had previously closed at $52.50.

Analysts Set New Price Targets

Separately, Zacks Research lowered Arcadis from a “strong-buy” rating to a “hold” rating in a report on Monday, June 15th. Three equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Hold”.

Arcadis Price Performance

The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.59. The company’s 50 day moving average price is $44.86 and its 200-day moving average price is $40.48.

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.