Arcadis (OTCMKTS:ARCAY) Raised to Hold at Zacks Research

Arcadis (OTCMKTS:ARCAY) was upgraded by stock analysts at Zacks Research to a “hold” rating in a report released on Tuesday,Zacks.com reports.

A number of other brokerages have also recently commented on ARCAY. UBS Group cut shares of Arcadis from a “buy” rating to a “hold” rating in a research note on Friday, December 19th. KeyCorp lowered shares of Arcadis from an “overweight” rating to a “hold” rating in a research report on Thursday, February 19th. Three analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock currently has an average rating of “Hold”.

Arcadis Stock Performance

Arcadis stock opened at $39.00 on Tuesday. Arcadis has a fifty-two week low of $28.86 and a fifty-two week high of $75.99. The stock’s fifty day moving average is $45.71 and its two-hundred day moving average is $47.21. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.27 and a quick ratio of 1.27.

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.