Arkema S.A. (OTCMKTS:ARKAY) Sees Significant Increase in Short Interest

Arkema S.A. (OTCMKTS:ARKAY) was the recipient of 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 trading volume of 4,500 shares, the days-to-cover ratio is presently 0.1 days.

Arkema Stock Up 1.4 %

Shares of OTCMKTS:ARKAY opened at $103.19 on Friday. The firm’s 50 day moving average price is $103.85 and its 200 day moving average price is $103.05. The stock has a market cap of $7.74 billion, a price-to-earnings ratio of 17.79, a price-to-earnings-growth ratio of 0.45 and a beta of 1.37. Arkema has a fifty-two week low of $85.58 and a fifty-two week high of $114.15. The company has a quick ratio of 1.64, a current ratio of 2.25 and a debt-to-equity ratio of 0.40.

Arkema (OTCMKTS:ARKAY) last issued its earnings results on Thursday, February 29th. The basic materials company reported $1.54 earnings per share for the quarter, missing the consensus estimate of $1.87 by ($0.33). Arkema had a net margin of 4.40% and a return on equity of 8.92%. The firm had revenue of $2.39 billion during the quarter, compared to analyst estimates of $2.44 billion. As a group, equities research analysts predict that Arkema will post 9.42 earnings per share for the current fiscal 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.