Arkema S.A. (OTCMKTS:ARKAY) Sees Significant Drop in Short Interest

Arkema S.A. (OTCMKTS:ARKAY) was the recipient of a large decline in short interest in the month of March. As of March 31st, there was short interest totalling 200 shares, a decline of 50.0% from the March 15th total of 400 shares. Based on an average daily trading volume, of 2,500 shares, the short-interest ratio is presently 0.1 days.

Arkema Price Performance

OTCMKTS ARKAY opened at $103.22 on Friday. The stock’s 50-day moving average price is $104.42 and its two-hundred day moving average price is $102.48. The company has a current ratio of 2.25, a quick ratio of 1.64 and a debt-to-equity ratio of 0.40. The company has a market cap of $7.75 billion, a PE ratio of 17.80, a PEG ratio of 0.47 and a beta of 1.37. Arkema has a 1 year low of $85.58 and a 1 year high of $114.15.

Arkema (OTCMKTS:ARKAY) last posted its quarterly earnings data on Thursday, February 29th. The basic materials company reported $1.54 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.87 by ($0.33). The company had revenue of $2.39 billion for the quarter, compared to analyst estimates of $2.44 billion. Arkema had a return on equity of 8.92% and a net margin of 4.40%. On average, analysts predict that Arkema will post 9.42 EPS for the current year.

Arkema Company Profile

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.