Arkema SA (OTCMKTS:ARKAY) Short Interest Update

Arkema SA (OTCMKTS:ARKAY) was the target of a significant drop in short interest during the month of April. As of April 30th, there was short interest totaling 254 shares, a drop of 77.0% from the April 15th total of 1,104 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 2,415 shares, the short-interest ratio is presently 0.1 days.

Analyst Upgrades and Downgrades

ARKAY has been the topic of several recent analyst reports. The Goldman Sachs Group upgraded Arkema from a “hold” rating to a “buy” rating in a research report on Tuesday, February 10th. Kepler Capital Markets downgraded Arkema from a “hold” rating to a “strong sell” rating in a research report on Thursday, May 7th. Zacks Research upgraded Arkema from a “strong sell” rating to a “hold” rating in a research report on Monday, May 4th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Arkema in a research report on Thursday, April 9th. Finally, Berenberg Bank downgraded Arkema from a “strong-buy” rating to a “hold” rating in a report on Monday, April 20th. Two analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold”.

Arkema Trading Down 0.1%

Shares of Arkema stock traded down $0.11 during trading hours on Thursday, reaching $73.76. The stock had a trading volume of 481 shares, compared to its average volume of 1,248. The firm has a 50 day simple moving average of $68.22 and a two-hundred day simple moving average of $64.65. The firm has a market capitalization of $5.61 billion, a price-to-earnings ratio of 295.04 and a beta of 0.84. The company has a current ratio of 2.13, a quick ratio of 1.63 and a debt-to-equity ratio of 0.54. Arkema has a 1 year low of $56.28 and a 1 year high of $79.36.

Arkema (OTCMKTS:ARKAY) last posted its earnings results on Wednesday, May 6th. The basic materials company reported $1.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.91 by $0.10. The business had revenue of $2.57 billion during the quarter, compared to analyst estimates of $2.52 billion. Arkema had a return on equity of 4.06% and a net margin of 0.46%. As a group, equities research analysts anticipate that Arkema will post 3.79 earnings per share for the current year.

Arkema Company Profile

Arkema SA is a global specialty chemicals and advanced materials company headquartered in Colombes, France. Established in 2004 as a spin-off from Total’s chemicals division, the company offers a broad portfolio of high-performance materials designed to improve durability, thermal and chemical resistance, and environmental performance across diverse industries.

Arkema’s operations are organized into four core segments. Adhesive Solutions delivers bonding, sealing, and coating technologies for markets such as packaging, medical devices, and consumer goods.