Arkema SA (OTCMKTS:ARKAY) Short Interest Up 24,814.3% in February

Arkema SA (OTCMKTS:ARKAY) saw a large growth in short interest in the month of February. As of February 13th, there was short interest totaling 1,744 shares, a growth of 24,814.3% from the January 29th total of 7 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 10,888 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 10,888 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the company’s stock are short sold.

Analysts Set New Price Targets

Several analysts recently commented on the stock. The Goldman Sachs Group upgraded shares of Arkema from a “hold” rating to a “buy” rating in a report on Tuesday, February 10th. Deutsche Bank Aktiengesellschaft lowered shares of Arkema from a “buy” rating to a “hold” rating in a research note on Monday, November 24th. Barclays downgraded shares of Arkema from a “hold” rating to a “strong sell” rating in a research note on Tuesday, November 11th. Finally, Zacks Research cut Arkema from a “hold” rating to a “strong sell” rating in a research report on Tuesday, January 6th. Two research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, Arkema currently has an average rating of “Reduce”.

Arkema Stock Down 1.7%

OTCMKTS ARKAY traded down $1.24 during trading on Wednesday, hitting $71.16. 4,195 shares of the company traded hands, compared to its average volume of 6,877. Arkema has a 12 month low of $56.28 and a 12 month high of $91.51. The business has a fifty day simple moving average of $64.31 and a 200 day simple moving average of $63.93. The company has a market capitalization of $5.41 billion, a P/E ratio of 34.21, a PEG ratio of 1.43 and a beta of 0.90. The company has a current ratio of 3.07, a quick ratio of 2.26 and a debt-to-equity ratio of 0.55.

About Arkema

Arkema SA is a global specialty chemicals and advanced materials company headquartered in Colombes, France. Established in 2004 as a spin-off from Total’s chemicals division, the company offers a broad portfolio of high-performance materials designed to improve durability, thermal and chemical resistance, and environmental performance across diverse industries.

Arkema’s operations are organized into four core segments. Adhesive Solutions delivers bonding, sealing, and coating technologies for markets such as packaging, medical devices, and consumer goods.