Arkema (OTCMKTS:ARKAY) Stock Crosses Below Two Hundred Day Moving Average - What's Next?

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 $76.75 and traded as low as $75.29. Arkema shares last traded at $76.02, with a volume of 6,095 shares traded.

Analyst Ratings Changes

A number of equities research analysts have issued reports on ARKAY shares. Jefferies Financial Group cut shares of Arkema to a "hold" rating in a report on Monday, June 16th. Sanford C. Bernstein started coverage on shares of Arkema in a report on Thursday, April 24th. They set an "underperform" rating for the company.

Arkema Price Performance

The company has a debt-to-equity ratio of 0.48, a current ratio of 2.43 and a quick ratio of 1.64. The stock's fifty day simple moving average is $72.95 and its 200-day simple moving average is $76.64. The company has a market capitalization of $5.73 billion, a P/E ratio of 16.82, a PEG ratio of 0.42 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 EPS for the quarter, missing analysts' consensus estimates of $1.45 by ($0.08). The company had revenue of $2.70 billion for 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%. On average, equities analysts forecast that Arkema SA will post 8.36 earnings per share for the current fiscal year.

Arkema Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, June 12th. Stockholders of record on Friday, May 23rd were given a dividend of $3.4274 per share. This represents a dividend yield of 4.47%. The ex-dividend date of this dividend was Thursday, May 22nd. Arkema's dividend payout ratio is currently 67.63%.

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.