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Arcadis (OTCMKTS:ARCAY) Shares Down 4.7% - Here's What Happened

Arcadis logo with Construction background

Arcadis NV (OTCMKTS:ARCAY - Get Free Report)'s share price dropped 4.7% on Friday . The company traded as low as $58.35 and last traded at $58.35. Approximately 250 shares traded hands during mid-day trading, an increase of 43% from the average daily volume of 175 shares. The stock had previously closed at $61.23.

Analyst Upgrades and Downgrades

ARCAY has been the topic of a number of research reports. KeyCorp upgraded Arcadis to a "strong-buy" rating in a report on Tuesday, October 8th. UBS Group raised shares of Arcadis to a "strong-buy" rating in a research report on Wednesday, October 9th.

Read Our Latest Analysis on Arcadis

Arcadis Price Performance

The firm has a fifty day moving average of $64.29 and a 200-day moving average of $67.03.

About Arcadis

(Get Free Report)

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.

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