Arkema S.A. (OTCMKTS:ARKAY) Short Interest Down 73.7% in December

Arkema S.A. (OTCMKTS:ARKAY) was the target of a large decline in short interest in December. As of December 15th, there was short interest totalling 500 shares, a decline of 73.7% from the November 30th total of 1,900 shares. Based on an average daily trading volume, of 34,500 shares, the short-interest ratio is presently 0.0 days.

Arkema Trading Up 0.5 %

OTCMKTS ARKAY traded up $0.40 on Friday, hitting $73.51. The company’s stock had a trading volume of 24,060 shares, compared to its average volume of 6,952. The company has a current ratio of 2.11, a quick ratio of 1.54 and a debt-to-equity ratio of 0.48. Arkema has a 52-week low of $71.26 and a 52-week high of $114.15. The firm has a market cap of $5.59 billion, a P/E ratio of 14.70, a PEG ratio of 0.47 and a beta of 1.23. The company’s 50-day simple moving average is $81.70 and its 200 day simple moving average is $87.62.

Arkema (OTCMKTS:ARKAY) last issued its earnings results on Wednesday, November 6th. The basic materials company reported $2.45 earnings per share (EPS) for the quarter. The business had revenue of $2.63 billion during the quarter. Arkema had a net margin of 3.82% and a return on equity of 8.04%. Research analysts predict that Arkema will post 9.13 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

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