Arcadis (OTCMKTS:ARCAY) Shares Gap Up – Time to Buy?

Arcadis NV (OTCMKTS:ARCAY) gapped up prior to trading on Friday . The stock had previously closed at $41.00, but opened at $48.00. Arcadis shares last traded at $48.00, with a volume of 146 shares traded.

Wall Street Analysts Forecast Growth

Separately, UBS Group downgraded Arcadis from a “buy” rating to a “hold” rating in a research note on Friday, December 19th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has an average rating of “Hold”.

Arcadis Trading Up 16.0%

The business’s fifty day moving average price is $42.56 and its two-hundred day moving average price is $47.56. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.27 and a current ratio of 1.27.

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.