Arkema SA (OTCMKTS:ARKAY - Get Free Report) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $72.92 and traded as high as $72.99. Arkema shares last traded at $72.97, with a volume of 6,808 shares traded.
Analyst Upgrades and Downgrades
A number of research analysts have recently commented on ARKAY shares. Sanford C. Bernstein started coverage on Arkema in a research note on Thursday, April 24th. They set an "underperform" rating on the stock. Jefferies Financial Group lowered Arkema to a "hold" rating in a research report on Monday, June 16th. Barclays lowered Arkema from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, July 8th. Finally, Citigroup reiterated a "buy" rating on shares of Arkema in a research note on Friday, July 11th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, one has given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Hold".
Get Our Latest Stock Analysis on Arkema
Arkema Stock Down 0.2%
The company has a market capitalization of $5.54 billion, a PE ratio of 16.25, a price-to-earnings-growth ratio of 0.48 and a beta of 1.07. The company has a quick ratio of 1.64, a current ratio of 2.43 and a debt-to-equity ratio of 0.48. The firm has a 50-day moving average of $72.92 and a two-hundred day moving average of $76.67.
Arkema (OTCMKTS:ARKAY - Get Free Report) last issued its earnings results on Wednesday, May 7th. The basic materials company reported $1.37 earnings per share for the quarter, missing the consensus estimate of $1.45 by ($0.08). The firm had revenue of $2.70 billion during the quarter, compared to analyst estimates of $2.44 billion. Arkema had a net margin of 3.40% and a return on equity of 7.42%. Equities research analysts predict that Arkema SA will post 8.36 earnings per share for the current fiscal 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 given a dividend of $3.4274 per share. This represents a yield of 4.47%. The ex-dividend date of this dividend was Thursday, May 22nd. Arkema's payout ratio 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.
Read More
Before you consider Arkema, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Arkema wasn't on the list.
While Arkema currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
