Arkema (OTCMKTS:ARKAY) Shares Gap Down – What’s Next?

Arkema SA (OTCMKTS:ARKAY)’s stock price gapped down prior to trading on Monday . The stock had previously closed at $64.79, but opened at $60.68. Arkema shares last traded at $60.46, with a volume of 695 shares.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on ARKAY. Deutsche Bank Aktiengesellschaft cut shares of Arkema from a “buy” rating to a “hold” rating in a research report on Monday, November 24th. Zacks Research lowered Arkema from a “hold” rating to a “strong sell” rating in a research report on Tuesday, January 6th. Barclays cut Arkema from a “hold” rating to a “strong sell” rating in a research note on Tuesday, November 11th. Kepler Capital Markets downgraded Arkema from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 27th. Finally, The Goldman Sachs Group raised Arkema from a “hold” rating to a “buy” rating in a research note on Tuesday, February 10th. Two research analysts have rated the stock with a Buy rating, three have issued a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, Arkema currently has a consensus rating of “Reduce”.

Arkema Stock Performance

The company has a current ratio of 3.07, a quick ratio of 2.26 and a debt-to-equity ratio of 0.55. The company has a market capitalization of $4.77 billion, a PE ratio of 72.12, a PEG ratio of 1.51 and a beta of 0.87. The firm’s 50-day simple moving average is $65.52 and its 200-day simple moving average is $63.52.

Arkema Company Profile

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.