Arcadis (OTCMKTS:ARCAY) Trading Up 26.8% - What's Next?

Key Points

• Shares jumped 26.8% to $45.00 on Friday, but the move occurred on very light volume (~161 shares, down 82% from the average of 896).
• Analyst views are mixed: Zacks upgraded Arcadis to a strong-buy while KeyCorp cut its rating to hold, and MarketBeat shows a consensus of Moderate Buy (1 Strong Buy, 2 Holds).
• The stock is trading above both its 50‑day ($35.73) and 200‑day ($42.90) moving averages; the company reports a current and quick ratio of 1.02 and a debt‑to‑equity of 0.59.

Arcadis NV (OTCMKTS:ARCAY - Get Free Report)'s share price was up 26.8% during trading on Friday . The stock traded as high as $45.00 and last traded at $45.00. Approximately 161 shares traded hands during mid-day trading, a decline of 82% from the average daily volume of 896 shares. The stock had previously closed at $35.50.

Analyst Ratings Changes

Several equities research analysts have commented on ARCAY shares. Zacks Research raised Arcadis from a "hold" rating to a "strong-buy" rating in a report on Wednesday, April 22nd. KeyCorp downgraded Arcadis from an "overweight" rating to a "hold" rating in a report on Thursday, February 19th. One research analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, Arcadis has a consensus rating of "Moderate Buy".

Arcadis Stock Performance

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

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.