Short Interest in Arkema S.A. (OTCMKTS:ARKAY) Increases By 2,400.0%

Arkema S.A. (OTCMKTS:ARKAY) saw a large growth in short interest during the month of February. As of February 15th, there was short interest totalling 5,000 shares, a growth of 2,400.0% from the January 31st total of 200 shares. Based on an average trading volume of 13,600 shares, the short-interest ratio is presently 0.4 days.

Analyst Ratings Changes

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

Arkema Trading Up 1.4 %

Arkema stock traded up $1.23 during mid-day trading on Thursday, hitting $87.19. The company’s stock had a trading volume of 1,633 shares, compared to its average volume of 15,106. The company has a debt-to-equity ratio of 0.48, a current ratio of 2.11 and a quick ratio of 1.54. The stock has a market cap of $6.63 billion, a price-to-earnings ratio of 17.44, a price-to-earnings-growth ratio of 0.53 and a beta of 1.22. The business has a 50 day moving average price of $78.92 and a 200-day moving average price of $84.30. Arkema has a 12 month low of $71.26 and a 12 month high of $111.79.

Arkema (OTCMKTS:ARKAY) last issued its quarterly earnings data on Thursday, February 27th. The basic materials company reported $1.35 earnings per share for the quarter. Arkema had a net margin of 3.82% and a return on equity of 8.04%. As a group, analysts forecast that Arkema will post 8.36 EPS for the current year.

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.