Arcadis (OTCMKTS:ARCAY) Trading 18% Higher - Here's Why

Key Points

• Arcadis NV's stock surged by 18% during mid-day trading, reaching a high of $59.10 after closing at $50.10 previously.
• Trading volume for Arcadis jumped by 285%, with approximately 176 shares exchanged compared to an average of 46 shares.
• The company provides design, engineering, and consultancy solutions for various sectors across multiple global regions, including The Americas and Europe.

Arcadis NV (OTCMKTS:ARCAY - ) rose 18% during mid-day trading on Monday . The stock traded as high as $59.10 and last traded at $59.10. Approximately 176 shares were traded during mid-day trading, an increase of 285% from the average daily volume of 46 shares. The stock had previously closed at $50.10.

Arcadis Price Performance

The business's 50-day moving average price is $49.10 and its two-hundred day moving average price is $50.09.

Arcadis Company Profile

Arcadis NV offers design, engineering, and consultancy solutions for natural and built assets in The Americas, Europe, the Middle East, and the Asia Pacific. It operates through Places, Mobility, Resilience, and Intelligence segments. The company offers architectural and urbanism services; and asset management services, such as asset management strategy and planning, asset management decision making and operational optimization, life cycle planning and asset management systems, asset information/condition assessment, risk and review, organization and people, and asset management/O&M.

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