Arcadis (OTCMKTS:ARCAY) Shares Down 6.6% – Time to Sell?

Arcadis NV (OTCMKTS:ARCAY) dropped 6.6% during mid-day trading on Friday . The company traded as low as $63.86 and last traded at $63.86. Approximately 100 shares were traded during trading, a decline of 74% from the average daily volume of 379 shares. The stock had previously closed at $68.35.

Wall Street Analyst Weigh In

A number of brokerages recently commented on ARCAY. KeyCorp raised shares of Arcadis to a “strong-buy” rating in a research note on Tuesday, October 8th. UBS Group raised Arcadis to a “strong-buy” rating in a research report on Wednesday, October 9th.

Arcadis Price Performance

The business’s fifty day moving average price is $68.87 and its two-hundred day moving average price is $67.43.

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.