Arkema S.A. (OTCMKTS:ARKAY) Sees Large Increase in Short Interest

Arkema S.A. (OTCMKTS:ARKAY) was the target of a large growth in short interest during the month of April. As of April 15th, there was short interest totalling 500 shares, a growth of 150.0% from the March 31st total of 200 shares. Based on an average daily volume of 4,500 shares, the short-interest ratio is currently 0.1 days.

Arkema Trading Up 1.4 %

OTCMKTS:ARKAY traded up $1.47 during trading hours on Friday, hitting $103.19. The stock had a trading volume of 1,802 shares, compared to its average volume of 4,189. The business’s 50 day moving average is $103.85 and its 200-day moving average is $103.01. The company has a market cap of $7.74 billion, a price-to-earnings ratio of 10.77, a P/E/G ratio of 0.45 and a beta of 1.37. Arkema has a one year low of $85.58 and a one year high of $114.15. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.64 and a current ratio of 2.25.

Arkema (OTCMKTS:ARKAY) last posted its earnings results on Thursday, February 29th. The basic materials company reported $1.54 earnings per share for the quarter, missing the consensus estimate of $1.87 by ($0.33). Arkema had a return on equity of 8.92% and a net margin of 4.40%. The business had revenue of $2.39 billion for the quarter, compared to the consensus estimate of $2.44 billion. Sell-side analysts anticipate that Arkema will post 9.42 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.