Arkema S.A. (OTCMKTS:ARKAY) Sees Significant Decrease in Short Interest

Arkema S.A. (OTCMKTS:ARKAY) was the recipient of a significant decrease in short interest during the month of January. As of January 15th, there was short interest totalling 100 shares, a decrease of 80.0% from the December 31st total of 500 shares. Based on an average daily trading volume, of 56,600 shares, the days-to-cover ratio is presently 0.0 days.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank upgraded Arkema from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 31st.

Arkema Stock Down 1.3 %

Shares of ARKAY opened at $80.77 on Wednesday. Arkema has a 52 week low of $71.26 and a 52 week high of $111.79. The company has a quick ratio of 1.54, a current ratio of 2.11 and a debt-to-equity ratio of 0.48. The company has a market capitalization of $6.14 billion, a price-to-earnings ratio of 16.15, a PEG ratio of 0.48 and a beta of 1.23. The stock’s 50-day moving average price is $76.97 and its 200-day moving average price is $85.21.

Arkema (OTCMKTS:ARKAY) last released its quarterly earnings results on Wednesday, November 6th. The basic materials company reported $2.45 earnings per share for the quarter. The company had revenue of $2.63 billion during the quarter. Arkema had a return on equity of 8.04% and a net margin of 3.82%. On average, sell-side analysts predict that Arkema will post 8.36 EPS for the current year.

Arkema Company Profile

Arkema SA manufactures and sells specialty chemicals and advanced materials worldwide. The company operates in three segments: Adhesive Solutions, Advanced Materials and Coating Solutions, and Intermediates. The Adhesive Solutions segment provides solutions for construction, renovation of buildings, DIY, durable goods, and packaging and non-woven applications; and supplies technologies used in building activities for businesses and individuals, including sealants, tiles, flooring adhesives and waterproofing systems, and technologies used in industry, which include automotive, textiles, glazing, flexible and rigid packaging, and hygiene markets.