Arkema S.A. (OTCMKTS:ARKAY) Short Interest Down 80.0% in January

Arkema S.A. (OTCMKTS:ARKAY - Get Free Report) was the target 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 volume of 56,600 shares, the days-to-cover ratio is currently 0.0 days.

Wall Street Analyst Weigh In

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

Arkema Trading Down 1.3 %

Arkema stock traded down $1.08 during midday trading on Tuesday, hitting $80.77. 25,483 shares of the stock were exchanged, compared to its average volume of 25,858. The stock has a market capitalization of $6.14 billion, a PE ratio of 16.15, a P/E/G ratio of 0.48 and a beta of 1.23. The company has a fifty day simple moving average of $76.97 and a two-hundred day simple moving average of $85.21. The company has a quick ratio of 1.54, a current ratio of 2.11 and a debt-to-equity ratio of 0.48. Arkema has a 52 week low of $71.26 and a 52 week high of $111.79.

Arkema (OTCMKTS:ARKAY - Get Free Report) last announced its quarterly earnings results on Wednesday, November 6th. The basic materials company reported $2.45 earnings per share for the quarter. Arkema had a net margin of 3.82% and a return on equity of 8.04%. The company had revenue of $2.63 billion for the quarter. Equities research analysts anticipate that Arkema will post 8.36 EPS for the current fiscal year.

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.

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