Arkema (OTCMKTS:ARKAY) Upgraded by Zacks Research to Hold Rating

Zacks Research upgraded shares of Arkema (OTCMKTS:ARKAY) from a strong sell rating to a hold rating in a research note released on Monday morning,Zacks.com reports.

Several other equities analysts have also issued reports on ARKAY. Berenberg Bank lowered Arkema from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 20th. Kepler Capital Markets downgraded Arkema from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 27th. The Goldman Sachs Group raised Arkema from a “hold” rating to a “buy” rating in a research note on Tuesday, February 10th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Arkema in a research note on Thursday, April 9th. Finally, Sanford C. Bernstein upgraded shares of Arkema from a “strong sell” rating to a “hold” rating in a report on Monday, April 20th. Two investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold”.

Arkema Stock Up 1.7%

ARKAY opened at $73.12 on Monday. The company has a market cap of $5.56 billion, a P/E ratio of 84.05 and a beta of 0.84. The business’s 50-day moving average price is $67.84 and its 200-day moving average price is $64.07. The company has a current ratio of 2.13, a quick ratio of 1.63 and a debt-to-equity ratio of 0.54. Arkema has a 12 month low of $56.28 and a 12 month high of $79.36.

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.