Arkema (OTCMKTS:ARKAY) Sets New 52-Week Low - Time to Sell?

Key Points

• Arkema SA set a new 52-week low at $63.83, with recent trading volumes indicating limited investor interest as only 509 shares were traded.
• Analysts are divided on Arkema's stock, providing ratings that include a "buy", "hold", and one "sell", with an average rating of "Moderate Buy."
• The company recently reported quarterly earnings of $1.77 EPS, which fell short of analysts' expectations of $2.09, despite surpassing revenue forecasts with $2.75 billion.

Arkema SA (OTCMKTS:ARKAY - Get Free Report) reached a new 52-week low on Wednesday . The stock traded as low as $63.83 and last traded at $63.83, with a volume of 509 shares trading hands. The stock had previously closed at $65.89.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the company. Citigroup reaffirmed a "buy" rating on shares of Arkema in a research note on Friday, July 11th. Jefferies Financial Group downgraded Arkema to a "hold" rating in a research note on Monday, June 16th. Barclays cut Arkema from a "strong-buy" rating to a "hold" rating in a report on Tuesday, July 8th. Finally, Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of Arkema in a report on Monday, September 8th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, Arkema currently has an average rating of "Moderate Buy".

Arkema Stock Performance

The firm has a market cap of $4.85 billion, a PE ratio of 20.59, a P/E/G ratio of 0.60 and a beta of 1.04. The company has a debt-to-equity ratio of 0.48, a current ratio of 2.43 and a quick ratio of 1.64. The stock has a 50-day moving average price of $70.92 and a 200 day moving average price of $73.36.

Arkema (OTCMKTS:ARKAY - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The basic materials company reported $1.77 EPS for the quarter, missing analysts' consensus estimates of $2.09 by ($0.32). The business had revenue of $2.75 billion during the quarter, compared to analysts' expectations of $2.29 billion. Arkema had a net margin of 2.41% and a return on equity of 6.41%. Research analysts forecast that Arkema SA will post 8.36 earnings per share for the current year.

About Arkema

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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