Arkema S.A. (OTCMKTS:ARKAY) Short Interest Down 80.0% in December

Arkema S.A. (OTCMKTS:ARKAY) saw a significant drop in short interest in December. As of December 31st, there was short interest totalling 100 shares, a drop of 80.0% from the December 15th total of 500 shares. Based on an average trading volume of 56,600 shares, the short-interest ratio is currently 0.0 days.

Arkema Stock Performance

Arkema stock opened at $74.07 on Tuesday. Arkema has a 52 week low of $71.26 and a 52 week high of $111.79. The company has a current ratio of 2.11, a quick ratio of 1.54 and a debt-to-equity ratio of 0.48. The stock has a market cap of $5.63 billion, a P/E ratio of 14.81, a price-to-earnings-growth ratio of 0.47 and a beta of 1.23. The stock has a 50 day moving average of $78.30 and a 200-day moving average of $86.05.

Arkema (OTCMKTS:ARKAY) last announced its quarterly earnings data on Wednesday, November 6th. The basic materials company reported $2.45 earnings per share for the quarter. The company had revenue of $2.63 billion during the quarter. Arkema had a net margin of 3.82% and a return on equity of 8.04%. On average, analysts expect that Arkema will post 9.13 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

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

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.