Arkema (OTCMKTS:ARKAY) Stock Crosses Below 200 Day Moving Average of $102.96

Arkema S.A. (OTCMKTS:ARKAY)’s share price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $102.96 and traded as low as $101.48. Arkema shares last traded at $102.44, with a volume of 9,272 shares trading hands.

Arkema Price Performance

The company has a market cap of $7.69 billion, a PE ratio of 17.66, a price-to-earnings-growth ratio of 0.46 and a beta of 1.37. The business has a 50 day moving average of $103.98 and a 200 day moving average of $102.96. The company has a debt-to-equity ratio of 0.40, a current ratio of 2.25 and a quick ratio of 1.64.

Arkema (OTCMKTS:ARKAY) last issued its quarterly earnings data on Thursday, February 29th. The basic materials company reported $1.54 EPS for the quarter, missing the consensus estimate of $1.87 by ($0.33). The company had revenue of $2.39 billion during the quarter, compared to the consensus estimate of $2.44 billion. Arkema had a return on equity of 8.92% and a net margin of 4.40%. As a group, research analysts predict that Arkema S.A. will post 9.42 EPS 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.