Arkema S.A. (OTCMKTS:ARKAY) Short Interest Down 80.0% in January

Arkema S.A. (OTCMKTS:ARKAY) saw a large decline in short interest in the month of January. As of January 15th, there was short interest totalling 100 shares, a decline of 80.0% from the December 31st total of 500 shares. Based on an average daily trading volume, of 56,600 shares, the short-interest ratio is currently 0.0 days.

Arkema Stock Performance

Shares of OTCMKTS ARKAY opened at $80.22 on Thursday. The company has a market cap of $6.10 billion, a P/E ratio of 16.04, a P/E/G ratio of 0.48 and a beta of 1.23. The company has a quick ratio of 1.54, a current ratio of 2.11 and a debt-to-equity ratio of 0.48. Arkema has a 12 month low of $71.26 and a 12 month high of $111.79. The business’s 50 day moving average is $76.97 and its two-hundred day moving average is $85.13.

Arkema (OTCMKTS:ARKAY) last released its quarterly earnings data on Wednesday, November 6th. The basic materials company reported $2.45 earnings per share (EPS) for the quarter. The business had revenue of $2.63 billion for the quarter. Arkema had a return on equity of 8.04% and a net margin of 3.82%. On average, equities analysts expect that Arkema will post 8.36 EPS for the current year.

Analysts Set New Price Targets

Separately, Berenberg Bank raised Arkema from a “hold” rating to a “strong-buy” rating in a research report on Thursday, October 31st.

About Arkema

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.