Arkema (OTCMKTS:ARKAY) Hits New 1-Year Low – Should You Sell?

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

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 Price Performance

The company’s 50 day simple moving average is $84.00 and its 200 day simple moving average is $88.60. The stock has a market cap of $5.55 billion, a P/E ratio of 14.58, a P/E/G ratio of 0.47 and a beta of 1.23. 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 (OTCMKTS:ARKAY) last issued its quarterly earnings data on Wednesday, November 6th. The basic materials company reported $2.45 EPS for the quarter. Arkema had a return on equity of 8.04% and a net margin of 3.82%. The business had revenue of $2.63 billion for the quarter. As a group, equities analysts forecast that Arkema S.A. will post 9.13 earnings per share for the current 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.