Arkema SA (OTCMKTS:ARKAY) Receives Consensus Rating of “Reduce” from Analysts

Shares of Arkema SA (OTCMKTS:ARKAY) have been assigned an average recommendation of “Reduce” from the eight ratings firms that are covering the firm, Marketbeat reports. Three analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and two have assigned a buy recommendation to the company.

A number of research firms have recently weighed in on ARKAY. Kepler Capital Markets downgraded shares of Arkema from a “strong-buy” rating to a “hold” rating in a research note on Friday, February 27th. The Goldman Sachs Group upgraded shares of Arkema from a “hold” rating to a “buy” rating in a research note on Tuesday, February 10th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Arkema in a research note on Thursday, April 9th. Finally, Zacks Research downgraded shares of Arkema from a “hold” rating to a “strong sell” rating in a research note on Tuesday, January 6th.

Arkema Trading Up 3.5%

Shares of Arkema stock opened at $72.02 on Tuesday. The company has a market capitalization of $5.48 billion, a price-to-earnings ratio of 82.78 and a beta of 0.84. The company has a quick ratio of 1.63, a current ratio of 2.13 and a debt-to-equity ratio of 0.54. Arkema has a 12-month low of $56.28 and a 12-month high of $79.36. The firm’s 50-day moving average price is $68.10 and its two-hundred day moving average price is $63.13.

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.