Arkema (OTCMKTS:ARKAY) Trading Down 2.9% - Should You Sell?

Arkema SA (OTCMKTS:ARKAY - Get Free Report) shares fell 2.9% during mid-day trading on Thursday . The company traded as low as $75.66 and last traded at $75.66. 601 shares were traded during trading, a decline of 96% from the average session volume of 14,664 shares. The stock had previously closed at $77.89.

Analysts Set New Price Targets

A number of research firms have issued reports on ARKAY. Sanford C. Bernstein began coverage on shares of Arkema in a report on Thursday, April 24th. They set an "underperform" rating on the stock. Jefferies Financial Group downgraded shares of Arkema to a "hold" rating in a report on Monday, June 16th.

Arkema Stock Down 4.5%

The stock's fifty day moving average is $73.06 and its two-hundred day moving average is $76.64. The company has a current ratio of 2.43, a quick ratio of 1.64 and a debt-to-equity ratio of 0.48. The company has a market capitalization of $5.66 billion, a PE ratio of 16.60, a P/E/G ratio of 0.43 and a beta of 1.07.

Arkema (OTCMKTS:ARKAY - Get Free Report) last announced its quarterly earnings data 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 net margin of 3.40% and a return on equity of 7.42%. The firm had revenue of $2.70 billion during the quarter, compared to the consensus estimate of $2.44 billion. As a group, analysts predict that Arkema SA will post 8.36 EPS for the current year.

Arkema Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, June 12th. Investors of record on Friday, May 23rd were given a $3.4274 dividend. This represents a dividend yield of 4.47%. The ex-dividend date of this dividend was Thursday, May 22nd. Arkema's dividend payout ratio (DPR) is 67.41%.

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.