Arkema SA (OTCMKTS:ARKAY) Stock Now Rated “Reduce” by Sell-Side Analysts

Shares of Arkema SA (OTCMKTS:ARKAY) have been given a consensus rating of “Reduce” by the seven ratings firms that are covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation and six have given a hold recommendation to the company.

Separately, Barclays raised shares of Arkema from a “strong sell” rating to a “hold” rating in a report on Wednesday, August 12th.

Arkema Stock Down 3.2%

Shares of ARKAY stock opened at $64.09 on Friday. Arkema has a 12 month low of $56.28 and a 12 month high of $79.36. The company has a 50 day simple moving average of $64.21 and a two-hundred day simple moving average of $66.96. The stock has a market cap of $4.87 billion, a P/E ratio of 13.60 and a beta of 0.87. The company has a current ratio of 1.52, a quick ratio of 1.08 and a debt-to-equity ratio of 0.42.

Arkema (OTCMKTS:ARKAY) last issued its quarterly earnings results on Thursday, November 5th. The basic materials company reported $1.40 earnings per share for the quarter, missing the consensus estimate of $1.49 by ($0.09). The company had revenue of $2.66 billion for the quarter, compared to analyst estimates of $2.62 billion. Arkema had a return on equity of 4.30% and a net margin of 0.67%. On average, research analysts expect that Arkema will post 3.73 earnings per share for the current year.

Arkema Company Profile

Arkema is a France-based global specialty materials company that develops and manufactures products used in a wide range of industrial and consumer applications. Its portfolio includes specialty adhesives, high-performance polymers, acrylic materials, coating resins, additives and other chemical solutions designed to improve durability, performance and sustainability.

The company operates through businesses focused on Adhesive Solutions, Advanced Materials and Coating Solutions. Its products serve markets such as construction, automotive, electronics, packaging, renewable energy, consumer goods and industrial manufacturing.