Arkema (OTCMKTS:ARKAY) Shares Cross Below Two Hundred Day Moving Average of $102.96

Arkema S.A. (OTCMKTS:ARKAY)’s share price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $102.96 and traded as low as $101.48. Arkema shares last traded at $102.44, with a volume of 9,272 shares traded.

Arkema Stock Down 0.8 %

The stock’s 50-day moving average price is $103.98 and its 200-day moving average price is $102.96. The company has a current ratio of 2.25, a quick ratio of 1.64 and a debt-to-equity ratio of 0.40. The stock has a market cap of $7.69 billion, a price-to-earnings ratio of 17.66, a P/E/G ratio of 0.46 and a beta of 1.37.

Arkema (OTCMKTS:ARKAY) last announced its earnings results on Thursday, February 29th. The basic materials company reported $1.54 earnings per share for the quarter, missing analysts’ consensus estimates of $1.87 by ($0.33). The firm had revenue of $2.39 billion for the quarter, compared to the consensus estimate of $2.44 billion. Arkema had a return on equity of 8.92% and a net margin of 4.40%. On average, sell-side analysts expect that Arkema S.A. will post 9.42 earnings per share for the current year.

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.