Arkema S.A. (OTCMKTS:ARKAY) Short Interest Down 80.0% in January

Arkema S.A. (OTCMKTS:ARKAY) saw a large decrease in short interest in January. As of January 15th, there was short interest totalling 100 shares, a decrease of 80.0% from the December 31st total of 500 shares. Based on an average daily volume of 56,600 shares, the short-interest ratio is currently 0.0 days.

Arkema Trading Down 0.7 %

Shares of OTCMKTS ARKAY opened at $80.22 on Thursday. Arkema has a one year low of $71.26 and a one year high of $111.79. The firm has a market capitalization of $6.10 billion, a PE ratio of 16.04, a PEG ratio of 0.48 and a beta of 1.23. The company has a current ratio of 2.11, a quick ratio of 1.54 and a debt-to-equity ratio of 0.48. The business has a 50-day moving average price of $76.97 and a two-hundred day moving average price of $85.13.

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

Wall Street Analyst Weigh In

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

About Arkema

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.