Arkema S.A. (OTCMKTS:ARKAY) Short Interest Update

Arkema S.A. (OTCMKTS:ARKAY) saw a significant increase in short interest during the month of January. As of January 15th, there was short interest totalling 29,100 shares, an increase of 29,000.0% from the December 31st total of 100 shares. Based on an average daily volume of 63,500 shares, the short-interest ratio is presently 0.5 days.

Arkema Stock Performance

OTCMKTS:ARKAY traded down $0.84 during trading on Friday, reaching $79.77. The company’s stock had a trading volume of 3,656 shares, compared to its average volume of 22,736. Arkema has a 12 month low of $71.26 and a 12 month high of $111.79. The firm has a market cap of $6.07 billion, a price-to-earnings ratio of 15.95, a price-to-earnings-growth ratio of 0.50 and a beta of 1.23. The firm has a 50 day moving average of $77.05 and a 200-day moving average of $85.00. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.54 and a current ratio of 2.11.

Arkema (OTCMKTS:ARKAY) last announced its quarterly earnings data on Wednesday, November 6th. The basic materials company reported $2.45 earnings per share for the quarter. The business had revenue of $2.63 billion during the quarter. Arkema had a return on equity of 8.04% and a net margin of 3.82%. Research analysts expect that Arkema will post 8.36 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank raised Arkema from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 31st.

Arkema Company Profile

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.