Arkema (OTCMKTS:ARKAY) Reaches New 1-Year Low – Here’s What Happened

Arkema S.A. (OTCMKTS:ARKAY) shares reached a new 52-week low during trading on Wednesday . The company traded as low as $79.20 and last traded at $79.90, with a volume of 14058 shares. The stock had previously closed at $80.86.

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 Stock Down 1.2 %

The company has a market capitalization of $6.08 billion, a price-to-earnings ratio of 16.17, a PEG ratio of 0.48 and a beta of 1.27. The stock’s fifty day simple moving average is $89.61 and its two-hundred day simple moving average is $92.20. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.86 and a quick ratio of 1.38.

Arkema (OTCMKTS:ARKAY) last issued its quarterly earnings data on Wednesday, November 6th. The basic materials company reported $2.45 EPS for the quarter. The firm had revenue of $2.63 billion during the quarter. Arkema had a return on equity of 7.99% and a net margin of 3.82%. On average, sell-side analysts predict that Arkema S.A. will post 9.05 earnings per share for the current fiscal 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.