Arkema S.A. (OTCMKTS:ARKAY) Short Interest Update

Arkema S.A. (OTCMKTS:ARKAY) saw a large decline in short interest in the month of October. As of October 15th, there was short interest totalling 2,300 shares, a decline of 37.8% from the September 30th total of 3,700 shares. Based on an average daily volume of 6,500 shares, the days-to-cover ratio is presently 0.4 days.

Arkema Price Performance

Shares of OTCMKTS ARKAY opened at $87.08 on Friday. The firm has a market capitalization of $6.53 billion, a P/E ratio of 17.21, a P/E/G ratio of 0.42 and a beta of 1.27. The company has a quick ratio of 1.38, a current ratio of 1.86 and a debt-to-equity ratio of 0.38. The stock’s 50-day simple moving average is $91.37 and its two-hundred day simple moving average is $94.55. Arkema has a twelve month low of $84.55 and a twelve month high of $114.15.

Arkema (OTCMKTS:ARKAY) last announced its earnings results on Thursday, August 1st. The basic materials company reported $2.98 earnings per share for the quarter. The business had revenue of $2.73 billion for the quarter. Arkema had a return on equity of 8.18% and a net margin of 3.80%. As a group, equities analysts anticipate that Arkema will post 9.09 EPS for the current fiscal 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.