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

Arkema S.A. (OTCMKTS:ARKAY) was the recipient of a large increase in short interest in the month of February. As of February 15th, there was short interest totalling 5,000 shares, an increase 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 upgraded Arkema from a “hold” rating to a “strong-buy” rating in a report on Thursday, October 31st.

Arkema Stock Up 1.4 %

Shares of ARKAY stock traded up $1.23 on Thursday, reaching $87.19. 1,633 shares of the company were exchanged, compared to its average volume of 15,106. Arkema has a one year low of $71.26 and a one year high of $111.79. The company has a market cap of $6.63 billion, a price-to-earnings ratio of 17.44, a PEG ratio of 0.53 and a beta of 1.22. 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 company has a 50-day moving average of $78.92 and a 200-day moving average of $84.30.

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