Arcadis (OTCMKTS:ARCAY) Trading Down 4.7% – Should You Sell?

Arcadis NV (OTCMKTS:ARCAY) was down 4.7% during trading on Friday . The company traded as low as $58.35 and last traded at $58.35. Approximately 250 shares traded hands during trading, an increase of 43% from the average daily volume of 175 shares. The stock had previously closed at $61.23.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the stock. KeyCorp raised shares of Arcadis to a “strong-buy” rating in a report on Tuesday, October 8th. UBS Group upgraded Arcadis to a “strong-buy” rating in a research note on Wednesday, October 9th.

Arcadis Stock Performance

The firm’s 50 day simple moving average is $64.08 and its two-hundred day simple moving average is $67.02.

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.