Arkema (OTCMKTS:ARKAY) Reaches New 52-Week Low - What's Next?

Arkema S.A. (OTCMKTS:ARKAY - Get Free Report) shares hit a new 52-week low during trading on Tuesday . The stock traded as low as $75.63 and last traded at $75.73, with a volume of 34532 shares traded. The stock had previously closed at $77.40.

Analyst Ratings Changes

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

Arkema Stock Performance

The firm has a market cap of $5.76 billion, a price-to-earnings ratio of 15.48, a price-to-earnings-growth ratio of 0.47 and a beta of 1.23. The company has a current ratio of 2.11, a quick ratio of 1.54 and a debt-to-equity ratio of 0.48. The stock's 50 day moving average is $84.77 and its 200 day moving average is $88.89.

Arkema (OTCMKTS:ARKAY - Get Free Report) last announced its earnings results on Wednesday, November 6th. The basic materials company reported $2.45 earnings per share (EPS) for the quarter. The firm had revenue of $2.63 billion for the quarter. Arkema had a net margin of 3.82% and a return on equity of 8.04%. Analysts anticipate that Arkema S.A. will post 9.13 earnings per share 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.

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