Arkema SA (OTCMKTS:ARKAY) Receives Average Rating of “Reduce” from Brokerages

Arkema SA (OTCMKTS:ARKAY) has received an average rating of “Reduce” from the six brokerages that are currently covering the firm, MarketBeat.com reports. Three research analysts have rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating on the company.

A number of equities research analysts recently commented on the stock. Barclays downgraded shares of Arkema from a “hold” rating to a “strong sell” rating in a research report on Tuesday, November 11th. Citigroup restated a “buy” rating on shares of Arkema in a research report on Friday, October 3rd. Zacks Research cut shares of Arkema from a “hold” rating to a “strong sell” rating in a research note on Tuesday, January 6th. Finally, Deutsche Bank Aktiengesellschaft lowered Arkema from a “buy” rating to a “hold” rating in a research note on Monday, November 24th.

Arkema Stock Up 0.6%

ARKAY opened at $61.12 on Thursday. Arkema has a 52 week low of $56.28 and a 52 week high of $91.51. The business has a 50 day moving average price of $60.43 and a two-hundred day moving average price of $64.27. The company has a quick ratio of 2.26, a current ratio of 3.07 and a debt-to-equity ratio of 0.55. The company has a market cap of $4.65 billion, a PE ratio of 29.38, a P/E/G ratio of 1.23 and a beta of 0.91.

Arkema (OTCMKTS:ARKAY) last released its quarterly earnings results on Friday, November 7th. The basic materials company reported $1.19 EPS for the quarter, topping the consensus estimate of $0.98 by $0.21. The business had revenue of $2.52 billion during the quarter, compared to analysts’ expectations of $2.50 billion. Arkema had a return on equity of 5.15% and a net margin of 1.55%. As a group, research analysts anticipate that Arkema will post 8.36 EPS for the current year.

About Arkema

Arkema SA is a global specialty chemicals and advanced materials company headquartered in Colombes, France. Established in 2004 as a spin-off from Total’s chemicals division, the company offers a broad portfolio of high-performance materials designed to improve durability, thermal and chemical resistance, and environmental performance across diverse industries.

Arkema’s operations are organized into four core segments. Adhesive Solutions delivers bonding, sealing, and coating technologies for markets such as packaging, medical devices, and consumer goods.