Arkema (OTCMKTS:ARKAY) Reaches New 12-Month Low – What’s Next?

Arkema SA (OTCMKTS:ARKAY) hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $56.52 and last traded at $56.52, with a volume of 4257 shares changing hands. The stock had previously closed at $59.3850.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Arkema in a research note on Monday, September 8th. Citigroup reaffirmed a “buy” rating on shares of Arkema in a research note on Friday, October 3rd. Finally, Barclays lowered Arkema from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 8th. Two investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Arkema has a consensus rating of “Hold”.

Arkema Trading Down 2.1%

The firm has a market capitalization of $4.30 billion, a P/E ratio of 18.23, a price-to-earnings-growth ratio of 0.66 and a beta of 1.03. The firm has a 50 day moving average price of $64.34 and a two-hundred day moving average price of $69.87. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.92 and a current ratio of 2.73.

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.