Arkema (OTCMKTS:ARKAY) Shares Gap Up – What’s Next?

Arkema SA (OTCMKTS:ARKAY)’s share price gapped up before the market opened on Monday . The stock had previously closed at $59.96, but opened at $61.51. Arkema shares last traded at $61.33, with a volume of 5,181 shares traded.

Analyst Ratings Changes

Several research analysts recently weighed in on ARKAY shares. Citigroup reissued a “buy” rating on shares of Arkema in a research note on Friday, October 3rd. Barclays lowered shares of Arkema from a “hold” rating to a “strong sell” rating in a report on Tuesday, November 11th. Deutsche Bank Aktiengesellschaft lowered shares of Arkema from a “buy” rating to a “hold” rating in a report on Monday, November 24th. Finally, Zacks Research raised Arkema from a “strong sell” rating to a “hold” rating in a research note on Monday, December 8th. One investment analyst has rated the stock with a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, Arkema has an average rating of “Reduce”.

Arkema Price Performance

The company has a debt-to-equity ratio of 0.55, a quick ratio of 2.26 and a current ratio of 3.07. The company has a fifty day moving average price of $59.91 and a two-hundred day moving average price of $66.13. The company has a market cap of $4.64 billion, a P/E ratio of 29.34, a PEG ratio of 1.13 and a beta of 0.90.

Arkema (OTCMKTS:ARKAY) last released its quarterly earnings data on Friday, November 7th. The basic materials company reported $1.19 earnings per share for the quarter, topping the consensus estimate of $0.98 by $0.21. The company had revenue of $2.52 billion for the quarter, compared to analyst estimates of $2.50 billion. Arkema had a net margin of 1.55% and a return on equity of 5.15%. On average, sell-side analysts anticipate that Arkema SA will post 8.36 earnings per share for the current fiscal year.

About Arkema

Arkema SA is a global specialty chemicals and advanced materials company headquartered in Colombes, France. Established in 2004 as a spin-off from Total’s chemicals division, the company offers a broad portfolio of high-performance materials designed to improve durability, thermal and chemical resistance, and environmental performance across diverse industries.

Arkema’s operations are organized into four core segments. Adhesive Solutions delivers bonding, sealing, and coating technologies for markets such as packaging, medical devices, and consumer goods.