Arkema (OTCMKTS:ARKAY) Share Price Passes Below 200-Day Moving Average - Should You Sell?

Key Points

• Arkema's stock price has fallen below its 200-day moving average, indicating potential bearish trends, with the latest price at $71.47 compared to a moving average of $75.63.
• Analysts hold mixed views on Arkema, with ratings ranging from strong buy to sell, resulting in an average rating of "hold" from Wall Street.
• In its latest earnings report, Arkema missed analysts' projections with a reported EPS of $1.77, falling short of the expected $2.09, while revenue exceeded expectations at $2.75 billion.

Arkema SA (OTCMKTS:ARKAY - Get Free Report)'s stock price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $75.63 and traded as low as $71.27. Arkema shares last traded at $71.47, with a volume of 2,200 shares trading hands.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the company. Jefferies Financial Group cut Arkema to a "hold" rating in a research report on Monday, June 16th. Citigroup reaffirmed a "buy" rating on shares of Arkema in a research note on Friday, July 11th. Finally, Barclays lowered Arkema from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, July 8th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold".

Arkema Stock Performance

The company has a quick ratio of 1.64, a current ratio of 2.43 and a debt-to-equity ratio of 0.48. The stock has a 50 day simple moving average of $72.78 and a two-hundred day simple moving average of $75.63. The stock has a market capitalization of $5.44 billion, a P/E ratio of 23.05, a P/E/G ratio of 0.66 and a beta of 1.05.

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

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