Arkema (OTCMKTS:ARKAY) Lowered to “Hold” Rating by Kepler Capital Markets

Kepler Capital Markets cut shares of Arkema (OTCMKTS:ARKAY) from a strong-buy rating to a hold rating in a report published on Friday morning,Zacks.com reports.

Other research analysts have also recently issued reports about the stock. Deutsche Bank Aktiengesellschaft cut shares of Arkema from a “buy” rating to a “hold” rating in a report on Monday, November 24th. Barclays lowered Arkema from a “hold” rating to a “strong sell” rating in a research note on Tuesday, November 11th. The Goldman Sachs Group raised Arkema from a “hold” rating to a “buy” rating in a research note on Tuesday, February 10th. Finally, Zacks Research cut Arkema from a “hold” rating to a “strong sell” rating in a research note on Tuesday, January 6th. Two equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Arkema presently has a consensus rating of “Reduce”.

Arkema Price Performance

ARKAY stock traded up $0.32 during trading on Friday, hitting $72.77. The company had a trading volume of 3,965 shares, compared to its average volume of 4,164. The business has a 50 day moving average of $64.98 and a 200 day moving average of $64.05. The firm has a market capitalization of $5.53 billion, a price-to-earnings ratio of 83.64, a P/E/G ratio of 1.47 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. Arkema has a fifty-two week low of $56.28 and a fifty-two week high of $91.51.

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.