Short Interest in Arkema S.A. (OTCMKTS:ARKAY) Decreases By 73.7%

Arkema S.A. (OTCMKTS:ARKAY - Get Free Report) was the recipient of a large drop in short interest in December. As of December 15th, there was short interest totalling 500 shares, a drop of 73.7% from the November 30th total of 1,900 shares. Based on an average daily trading volume, of 34,500 shares, the short-interest ratio is currently 0.0 days.

Arkema Trading Up 0.5 %

Shares of ARKAY stock traded up $0.40 during trading on Thursday, hitting $73.51. 24,060 shares of the stock traded hands, compared to its average volume of 6,952. The firm has a market capitalization of $5.59 billion, a P/E ratio of 14.70, a price-to-earnings-growth ratio of 0.47 and a beta of 1.23. Arkema has a 52-week low of $71.26 and a 52-week high of $114.15. The company has a debt-to-equity ratio of 0.48, a current ratio of 2.11 and a quick ratio of 1.54. The firm's fifty day moving average price is $82.04 and its 200-day moving average price is $87.72.

Arkema (OTCMKTS:ARKAY - Get Free Report) last posted its earnings results on Wednesday, November 6th. The basic materials company reported $2.45 EPS for the quarter. The company had revenue of $2.63 billion for the quarter. Arkema had a return on equity of 8.04% and a net margin of 3.82%. As a group, research analysts forecast that Arkema will post 9.13 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

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

About Arkema

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.