Arkema SA (OTCMKTS:ARKAY - Get Free Report) shares saw strong trading volume on Wednesday . 59,237 shares changed hands during mid-day trading, an increase of 305% from the previous session's volume of 14,639 shares.The stock last traded at $76.86 and had previously closed at $74.74.
Analyst Upgrades and Downgrades
Several equities research analysts have weighed in on the stock. Citigroup restated a "buy" rating on shares of Arkema in a research report on Friday, July 11th. Sanford C. Bernstein assumed coverage on shares of Arkema in a research report on Thursday, April 24th. They issued an "underperform" rating for the company. Barclays cut shares of Arkema from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, July 8th. Finally, Jefferies Financial Group lowered shares of Arkema to a "hold" rating in a research note on Monday, June 16th. One analyst has rated the stock with a sell rating, two have issued a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Hold".
Get Our Latest Stock Analysis on ARKAY
Arkema Stock Up 0.3%
The company has a market cap of $5.81 billion, a P/E ratio of 17.06, a price-to-earnings-growth ratio of 0.51 and a beta of 1.07. The company has a current ratio of 2.43, a quick ratio of 1.64 and a debt-to-equity ratio of 0.48. The firm's 50 day moving average price is $72.75 and its 200-day moving average price is $76.71.
Arkema (OTCMKTS:ARKAY - Get Free Report) last issued its earnings results on Wednesday, May 7th. The basic materials company reported $1.37 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.45 by ($0.08). The business had revenue of $2.70 billion during the quarter, compared to the consensus estimate of $2.44 billion. Arkema had a net margin of 3.40% and a return on equity of 7.42%. As a group, equities research analysts expect that Arkema SA will post 8.36 EPS for the current year.
Arkema Cuts Dividend
The firm also recently announced a dividend, which was paid on Thursday, June 12th. Stockholders of record on Friday, May 23rd were paid a $3.4274 dividend. This represents a dividend yield of 4.47%. The ex-dividend date of this dividend was Thursday, May 22nd. Arkema's dividend payout ratio (DPR) is presently 67.63%.
About Arkema
(
Get Free Report)
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.
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