Arkema (OTCMKTS:ARKAY) Sets New 12-Month Low – Should You Sell?

Arkema SA (OTCMKTS:ARKAY) hit a new 52-week low during trading on Tuesday . The stock traded as low as $56.28 and last traded at $56.28, with a volume of 11360 shares traded. The stock had previously closed at $58.81.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the stock. Citigroup reiterated a “buy” rating on shares of Arkema in a report on Friday, October 3rd. Deutsche Bank Aktiengesellschaft cut shares of Arkema from a “buy” rating to a “hold” rating in a report on Monday, November 24th. Barclays downgraded Arkema from a “hold” rating to a “strong sell” rating in a research note on Tuesday, November 11th. Finally, Zacks Research downgraded Arkema from a “hold” rating to a “strong sell” rating in a research report on Tuesday, January 6th. One equities research analyst has rated the stock with a Buy rating, two have issued a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Reduce”.

Arkema Stock Performance

The company has a current ratio of 3.07, a quick ratio of 2.26 and a debt-to-equity ratio of 0.55. The firm has a market capitalization of $4.29 billion, a PE ratio of 27.12, a PEG ratio of 1.12 and a beta of 0.91. The stock’s 50 day moving average price is $60.26 and its two-hundred day moving average price is $64.79.

Arkema (OTCMKTS:ARKAY) last announced its earnings results on Friday, November 7th. The basic materials company reported $1.19 EPS for the quarter, beating analysts’ consensus estimates of $0.98 by $0.21. The firm had revenue of $2.52 billion for the quarter, compared to analysts’ expectations of $2.50 billion. Arkema had a return on equity of 5.15% and a net margin of 1.55%. On average, equities analysts expect that Arkema SA will post 8.36 earnings per share for the current 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.