Arkema SA (OTCMKTS:ARKAY - Get Free Report)'s stock price crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $72.73 and traded as high as $76.47. Arkema shares last traded at $76.23, with a volume of 98,292 shares.
Analyst Ratings Changes
ARKAY has been the subject of a number of research analyst reports. Citigroup reaffirmed a "buy" rating on shares of Arkema in a research report on Friday, July 11th. Jefferies Financial Group cut shares of Arkema to a "hold" rating in a research report on Monday, June 16th. Barclays cut shares of Arkema from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, July 8th. Finally, Sanford C. Bernstein began coverage on shares of Arkema in a research report on Thursday, April 24th. They set an "underperform" rating for the company. One research analyst has rated the stock with a sell rating, two have issued a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Arkema has an average rating of "Hold".
Get Our Latest Stock Report on Arkema
Arkema Trading Up 0.3%
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 company has a market capitalization of $5.81 billion, a price-to-earnings ratio of 17.06, a price-to-earnings-growth ratio of 0.51 and a beta of 1.07. The business's 50 day simple moving average is $72.75 and its 200 day simple moving average is $76.71.
Arkema (OTCMKTS:ARKAY - Get Free Report) last issued its quarterly earnings results on Wednesday, May 7th. The basic materials company reported $1.37 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.45 by ($0.08). Arkema had a return on equity of 7.42% and a net margin of 3.40%. The firm had revenue of $2.70 billion for the quarter, compared to analyst estimates of $2.44 billion. Research analysts anticipate that Arkema SA will post 8.36 EPS for the current year.
Arkema Cuts Dividend
The business also recently announced a dividend, which was paid on Thursday, June 12th. Shareholders of record on Friday, May 23rd were given a dividend of $3.4274 per share. The ex-dividend date was Thursday, May 22nd. This represents a yield of 4.47%. Arkema's payout ratio is currently 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.
Further Reading
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