Arkema SA (OTCMKTS:ARKAY - Get Free Report)'s share price traded down 2.9% on Thursday . The company traded as low as $75.66 and last traded at $75.66. 601 shares traded hands during trading, a decline of 96% from the average session volume of 14,664 shares. The stock had previously closed at $77.89.
Analyst Ratings Changes
ARKAY has been the subject of a number of research reports. Jefferies Financial Group cut Arkema to a "hold" rating in a report on Monday, June 16th. Sanford C. Bernstein began coverage on shares of Arkema in a report on Thursday, April 24th. They set an "underperform" rating for the company.
Read Our Latest Report on ARKAY
Arkema Price Performance
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 firm has a market capitalization of $5.66 billion, a price-to-earnings ratio of 16.60, a PEG ratio of 0.43 and a beta of 1.07. The business has a 50-day moving average price of $73.08 and a two-hundred day moving average price of $76.65.
Arkema (OTCMKTS:ARKAY - Get Free Report) last posted its quarterly earnings results on Wednesday, May 7th. The basic materials company reported $1.37 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.45 by ($0.08). The company had revenue of $2.70 billion during the quarter, compared to the consensus estimate of $2.44 billion. Arkema had a net margin of 3.40% and a return on equity of 7.42%. As a group, research analysts forecast that Arkema SA will post 8.36 EPS for the current year.
Arkema Cuts Dividend
The firm also recently announced a dividend, which was paid on Thursday, June 12th. Shareholders of record on Friday, May 23rd were paid a $3.4274 dividend. This represents a yield of 4.47%. The ex-dividend date was Thursday, May 22nd. Arkema's dividend payout ratio (DPR) is presently 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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