Arcadis (OTCMKTS:ARCAY) Sets New 12-Month Low – What’s Next?

Arcadis NV (OTCMKTS:ARCAY)’s share price reached a new 52-week low during trading on Thursday . The stock traded as low as $27.03 and last traded at $27.03, with a volume of 335 shares changing hands. The stock had previously closed at $30.05.

Analyst Ratings Changes

ARCAY has been the subject of several analyst reports. UBS Group lowered Arcadis from a “buy” rating to a “hold” rating in a research note on Friday, December 19th. KeyCorp lowered Arcadis from an “overweight” rating to a “hold” rating in a research note on Thursday, February 19th. Finally, Zacks Research upgraded Arcadis to a “hold” rating in a research note on Tuesday, February 24th. Three research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company has a consensus rating of “Hold”.

Arcadis Stock Down 10.0%

The company has a 50-day moving average price of $40.76 and a two-hundred day moving average price of $44.86. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.59.

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.