Arkema SA (OTCMKTS:ARKAY) Short Interest Update

Arkema SA (OTCMKTS:ARKAY) was the recipient of a large decline in short interest in the month of February. As of February 27th, there was short interest totaling 58 shares, a decline of 96.7% from the February 12th total of 1,744 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 6,662 shares, the short-interest ratio is presently 0.0 days. Based on an average daily volume of 6,662 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

Arkema Trading Up 1.6%

Shares of Arkema stock opened at $63.75 on Thursday. The firm’s 50 day moving average is $65.57 and its 200 day moving average is $63.52. The firm has a market capitalization of $4.85 billion, a PE ratio of 73.27, a price-to-earnings-growth ratio of 1.54 and a beta of 0.87. Arkema has a 1 year low of $56.28 and a 1 year high of $91.23. The company has a current ratio of 3.07, a quick ratio of 2.26 and a debt-to-equity ratio of 0.55.

Analyst Ratings Changes

A number of brokerages recently issued reports on ARKAY. Kepler Capital Markets downgraded Arkema from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 27th. Zacks Research downgraded Arkema from a “hold” rating to a “strong sell” rating in a research report on Tuesday, January 6th. Deutsche Bank Aktiengesellschaft lowered Arkema from a “buy” rating to a “hold” rating in a report on Monday, November 24th. Finally, The Goldman Sachs Group upgraded Arkema from a “hold” rating to a “buy” rating in a research report on Tuesday, February 10th. Two analysts have rated the stock with a Buy rating, three have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Reduce”.

Arkema Company Profile

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.