Arkema S.A. (OTCMKTS:ARKAY) Short Interest Up 29,000.0% in January

Arkema S.A. (OTCMKTS:ARKAY) was the recipient of a large increase in short interest in January. As of January 15th, there was short interest totalling 29,100 shares, an increase 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 presently 0.5 days.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank upgraded Arkema from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 31st.

Arkema Price Performance

OTCMKTS:ARKAY opened at $80.61 on Friday. Arkema has a 12 month low of $71.26 and a 12 month high of $111.79. The stock has a 50 day moving average of $77.02 and a two-hundred day moving average of $85.07. The company has a current ratio of 2.11, a quick ratio of 1.54 and a debt-to-equity ratio of 0.48. The firm has a market cap of $6.13 billion, a P/E ratio of 16.12, a price-to-earnings-growth ratio of 0.50 and a beta of 1.23.

Arkema (OTCMKTS:ARKAY) last posted 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 company had revenue of $2.63 billion during the quarter. On average, analysts expect that Arkema will post 8.36 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.