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

Arkema S.A. (OTCMKTS:ARKAY - Get Free Report) saw a large growth in short interest in January. As of January 15th, there was short interest totalling 29,100 shares, a growth of 29,000.0% from the December 31st total of 100 shares. Based on an average daily volume of 63,500 shares, the short-interest ratio is currently 0.5 days.

Arkema Price Performance

Arkema stock traded down $0.84 during mid-day trading on Friday, hitting $79.77. 3,656 shares of the company were exchanged, compared to its average volume of 23,388. The company has a debt-to-equity ratio of 0.48, a current ratio of 2.11 and a quick ratio of 1.54. Arkema has a 12-month low of $71.26 and a 12-month high of $111.79. The business's 50 day simple moving average is $77.02 and its two-hundred day simple moving average is $85.07. The company has a market capitalization of $6.07 billion, a P/E ratio of 15.95, a PEG ratio of 0.50 and a beta of 1.23.

Arkema (OTCMKTS:ARKAY - Get Free Report) last issued 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%. Analysts forecast that Arkema will post 8.36 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 report 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.