Arkema (OTCMKTS:ARKAY) Stock Price Passes Below Two Hundred Day Moving Average - Time to Sell?

Key Points

• Arkema's stock has fallen below its 200-day moving average of $73.80, trading as low as $65.83, indicating a significant drop in market performance.
• Analysts have mixed ratings on Arkema, with one Strong Buy, two Buy, two Hold, and one Sell, resulting in a consensus rating of "Moderate Buy."
• The company reported earnings of $1.77 per share for its last quarter, missing analysts’ estimates by $0.32, despite having revenue that exceeded expectations at $2.75 billion.

Arkema SA (OTCMKTS:ARKAY - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $73.80 and traded as low as $65.83. Arkema shares last traded at $66.27, with a volume of 12,064 shares traded.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on ARKAY. Barclays cut Arkema from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, July 8th. Citigroup reaffirmed a "buy" rating on shares of Arkema in a research report on Friday, July 11th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of Arkema in a report on Monday, September 8th. Finally, Jefferies Financial Group downgraded Arkema to a "hold" rating in a report on Monday, June 16th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy".

Arkema Stock Performance

The stock has a 50 day moving average of $71.27 and a 200 day moving average of $73.59. 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 company has a market capitalization of $4.99 billion, a price-to-earnings ratio of 21.15, a price-to-earnings-growth ratio of 0.61 and a beta of 1.04.

Arkema (OTCMKTS:ARKAY - Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The basic materials company reported $1.77 EPS for the quarter, missing the consensus estimate of $2.09 by ($0.32). Arkema had a net margin of 2.41% and a return on equity of 6.41%. The firm had revenue of $2.75 billion for the quarter, compared to the consensus estimate of $2.29 billion. As a group, analysts predict that Arkema SA will post 8.36 EPS for the current year.

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.