Short Interest in Arkema S.A. (OTCMKTS:ARKAY) Expands By 150.0%

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Arkema S.A. (OTCMKTS:ARKAY - Get Free Report) saw a significant increase in short interest in April. As of April 15th, there was short interest totalling 500 shares, an increase of 150.0% from the March 31st total of 200 shares. Based on an average daily trading volume, of 4,500 shares, the short-interest ratio is presently 0.1 days.

Arkema Price Performance

Arkema stock traded up $1.47 during mid-day trading on Friday, reaching $103.19. The company had a trading volume of 1,802 shares, compared to its average volume of 2,103. Arkema has a 1 year low of $85.58 and a 1 year high of $114.15. The company has a debt-to-equity ratio of 0.40, a current ratio of 2.25 and a quick ratio of 1.64. The company has a market capitalization of $7.74 billion, a P/E ratio of 17.79, a P/E/G ratio of 0.45 and a beta of 1.37. The stock's 50-day simple moving average is $103.85 and its 200-day simple moving average is $103.01.

Arkema (OTCMKTS:ARKAY - Get Free Report) last issued its earnings results on Thursday, February 29th. The basic materials company reported $1.54 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.87 by ($0.33). Arkema had a net margin of 4.40% and a return on equity of 8.92%. The company had revenue of $2.39 billion during the quarter, compared to analysts' expectations of $2.44 billion. On average, equities analysts predict that Arkema will post 9.42 EPS for the current year.


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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