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

Arcadis NV (OTCMKTS:ARCAY) gapped down before the market opened on Wednesday . The stock had previously closed at $38.75, but opened at $37.18. Arcadis shares last traded at $37.18, with a volume of 150 shares trading hands.

Analyst Upgrades and Downgrades

ARCAY has been the topic of a number of recent research reports. KeyCorp downgraded Arcadis from an “overweight” rating to a “hold” rating in a report on Thursday, February 19th. Zacks Research raised shares of Arcadis from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 22nd. One equities research analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, Arcadis has an average rating of “Moderate Buy”.

Arcadis Price Performance

The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.02 and a current ratio of 1.02. The business has a 50 day moving average of $35.73 and a 200 day moving average of $42.90.

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.