Arkema S.A. (OTCMKTS:ARKAY) Short Interest Update

Arkema S.A. (OTCMKTS:ARKAY) was the recipient of a significant decrease in short interest during the month of October. As of October 31st, there was short interest totalling 1,800 shares, a decrease of 21.7% from the October 15th total of 2,300 shares. Based on an average daily trading volume, of 15,300 shares, the days-to-cover ratio is currently 0.1 days.

Arkema Price Performance

Shares of Arkema stock opened at $82.19 on Friday. Arkema has a 1-year low of $79.57 and a 1-year high of $114.15. The firm has a fifty day simple moving average of $90.14 and a 200-day simple moving average of $92.95. The company has a current ratio of 1.86, a quick ratio of 1.38 and a debt-to-equity ratio of 0.38. The stock has a market capitalization of $6.25 billion, a price-to-earnings ratio of 16.09, a PEG ratio of 0.39 and a beta of 1.27.

Arkema (OTCMKTS:ARKAY) last released its earnings results on Wednesday, November 6th. The basic materials company reported $2.45 earnings per share for the quarter. The firm had revenue of $2.63 billion during the quarter. Arkema had a net margin of 3.82% and a return on equity of 7.99%. On average, sell-side analysts expect that Arkema will post 8.96 earnings per share for the current year.

Analyst Ratings Changes

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

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.