Arkema (OTCMKTS:ARKAY) Shares Gap Down - Here's Why

Key Points

• Arkema shares gapped down pre-market — the stock closed at $64.84 yesterday, opened at $61.09 and last traded around $61.00 on a volume of 5,151 shares.
• Analyst sentiment is mixed after several recent upgrades and downgrades, with MarketBeat showing a consensus rating of "Reduce" (2 Buys, 3 Holds, 3 Sells).
• Key fundamentals: market cap ~$4.65 billion, P/E 70.28 and PEG 1.55, and the share price is trading below both its 50-day ($65.74) and 200-day ($63.22) moving averages, suggesting near-term weakness.

Arkema SA (OTCMKTS:ARKAY - Get Free Report)'s share price gapped down prior to trading on Wednesday . The stock had previously closed at $64.8401, but opened at $61.09. Arkema shares last traded at $61.00, with a volume of 5,151 shares.

Analyst Ratings Changes

ARKAY has been the subject of a number of recent analyst reports. Kepler Capital Markets downgraded shares of Arkema from a "strong-buy" rating to a "hold" rating in a research report on Friday, February 27th. Zacks Research lowered shares of Arkema from a "hold" rating to a "strong sell" rating in a research note on Tuesday, January 6th. The Goldman Sachs Group upgraded shares of Arkema from a "hold" rating to a "buy" rating in a research report on Tuesday, February 10th. Finally, Deutsche Bank Aktiengesellschaft lowered shares of Arkema from a "buy" rating to a "hold" rating in a report on Monday, November 24th. Two research analysts have rated the stock with a Buy rating, three have issued a Hold rating and three have given a Sell rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Reduce".

Arkema Price Performance

The company has a debt-to-equity ratio of 0.55, a current ratio of 3.07 and a quick ratio of 2.26. The firm has a market capitalization of $4.65 billion, a price-to-earnings ratio of 70.28, a PEG ratio of 1.55 and a beta of 0.87. The business's fifty day simple moving average is $65.74 and its 200 day simple moving average is $63.22.

Arkema Company Profile

Arkema SA is a global specialty chemicals and advanced materials company headquartered in Colombes, France. Established in 2004 as a spin-off from Total's chemicals division, the company offers a broad portfolio of high-performance materials designed to improve durability, thermal and chemical resistance, and environmental performance across diverse industries.

Arkema's operations are organized into four core segments. Adhesive Solutions delivers bonding, sealing, and coating technologies for markets such as packaging, medical devices, and consumer goods.

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