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

Arkema SA (OTCMKTS:ARKAY) has been given a consensus rating of “Reduce” by the eight ratings firms that are covering the firm, Marketbeat Ratings reports. Three investment analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and two have issued a buy recommendation on the company.

Several analysts have recently commented on the stock. Zacks Research cut shares of Arkema from a “hold” rating to a “strong sell” rating in a research note on Tuesday, January 6th. Kepler Capital Markets cut shares of Arkema from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 27th. Deutsche Bank Aktiengesellschaft downgraded 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.

Arkema Stock Down 1.7%

Shares of OTCMKTS ARKAY opened at $58.02 on Friday. Arkema has a 12-month low of $56.28 and a 12-month high of $82.56. The firm’s 50-day simple moving average is $65.62 and its 200 day simple moving average is $63.01. 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 $4.41 billion, a price-to-earnings ratio of 66.69, a price-to-earnings-growth ratio of 1.41 and a beta of 0.87.

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.