Zacks Investment Research lowered shares of Arkema (OTCMKTS:ARKAY) from a buy rating to a hold rating in a research report report published on Friday, January 5th.
According to Zacks, “Arkema SA is engaged in the manufacturing and marketing of vinyl products, industrial chemicals, and performance products. Vinyl products include chlorine or caustic soda, pipes and profiles, PVC, and vinyl compounds. Industrial chemicals include emulsion systems, fluorochemicals, hydrogen peroxide, PMMA and methacrylics, specialty acrylic polymers and thiochemicals. Performance products include functional additives, specialty chemicals and technical polymers. The Company’s products can be used for various purposes including air conditioning or refrigeration; chemical processing, coating, construction; packaging; automotive & transportation. Its products, also find their application in adhesives and sealants, agriculture & agrochemicals, consumer goods, electronics, foams, solvents and aerosols market, health, hygiene & beauty, oil & gas, energy, pharmaceuticals, pulp & paper, rubber market, sports & leisure, etc. Arkema SA is headquartered in France. “
Separately, Credit Suisse Group cut Arkema from a neutral rating to an underperform rating in a research report on Monday, November 13th. One analyst has rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the company. The stock has a consensus rating of Hold and a consensus target price of $139.00.
Shares of Arkema (OTCMKTS ARKAY) traded up $0.21 during trading hours on Friday, hitting $124.50. The stock had a trading volume of 2,807 shares, compared to its average volume of 2,507. The company has a market capitalization of $9,450.00, a P/E ratio of 16.26, a P/E/G ratio of 1.04 and a beta of 1.25. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.57 and a current ratio of 2.11. Arkema has a 1 year low of $93.65 and a 1 year high of $127.44.
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Arkema Company Profile
Arkema SA is a chemical producer, which provides specialty chemicals and advanced materials. The Company manufactures a range of products for industries, including construction, packaging, chemical, automotive, electronics, food and pharmaceutical industries. The Company operates through three business segments: High Performance Materials, Industrial Specialties and Coating Solutions.
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