Arkema S.A. (OTCMKTS:ARKAY - Get Free Report)'s share price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $79.15 and traded as low as $77.13. Arkema shares last traded at $77.23, with a volume of 5,781 shares changing hands.
Analyst Upgrades and Downgrades
Separately, Sanford C. Bernstein assumed coverage on shares of Arkema in a research report on Thursday, April 24th. They issued an "underperform" rating on the stock.
Check Out Our Latest Report on Arkema
Arkema Stock Performance
The company has a quick ratio of 1.54, a current ratio of 2.11 and a debt-to-equity ratio of 0.48. The stock has a market capitalization of $5.83 billion, a price-to-earnings ratio of 15.33, a price-to-earnings-growth ratio of 0.53 and a beta of 1.11. The stock's 50-day simple moving average is $75.85 and its 200 day simple moving average is $78.81.
Arkema (OTCMKTS:ARKAY - Get Free Report) last announced its earnings results on Wednesday, May 7th. The basic materials company reported $1.37 EPS for the quarter, missing the consensus estimate of $1.45 by ($0.08). Arkema had a return on equity of 8.04% and a net margin of 3.82%. The business had revenue of $2.70 billion during the quarter, compared to analyst estimates of $2.44 billion. Analysts expect that Arkema S.A. will post 8.36 earnings per share for the current fiscal year.
Arkema Cuts Dividend
The business also recently declared a dividend, which will be paid on Thursday, June 12th. Investors of record on Friday, May 23rd will be given a dividend of $3.4274 per share. The ex-dividend date is Thursday, May 22nd. This represents a yield of 4.47%. Arkema's dividend payout ratio (DPR) is 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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