Arcadis NV (OTCMKTS:ARCAY) Sees Significant Decline in Short Interest

Arcadis NV (OTCMKTS:ARCAY) was the target of a large decrease in short interest in January. As of January 30th, there was short interest totaling 14 shares, a decrease of 84.9% from the January 15th total of 93 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 498 shares, the short-interest ratio is presently 0.0 days. Based on an average trading volume of 498 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are short sold.

Arcadis Stock Performance

Arcadis stock opened at $50.00 on Wednesday. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.27 and a current ratio of 1.27. The business has a fifty day moving average of $45.17 and a two-hundred day moving average of $47.68. Arcadis has a twelve month low of $28.86 and a twelve month high of $75.99.

Analysts Set New Price Targets

Separately, UBS Group lowered Arcadis from a “buy” rating to a “hold” rating in a report on Friday, December 19th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock has a consensus rating of “Hold”.

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.