ARKEMA/S (OTCMKTS:ARKAY) Lowered to Hold at Zacks Investment Research

Zacks Investment Research lowered shares of ARKEMA/S (OTCMKTS:ARKAY) from a buy rating to a hold rating in a report released on Friday morning, Zacks.com reports.

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. “

Shares of OTCMKTS ARKAY traded down $4.53 during trading on Friday, hitting $89.03. The company had a trading volume of 1,585 shares, compared to its average volume of 4,275. The company has a 50 day simple moving average of $91.41. The company has a quick ratio of 1.75, a current ratio of 2.42 and a debt-to-equity ratio of 0.45. ARKEMA/S has a 12 month low of $82.00 and a 12 month high of $131.55. The company has a market capitalization of $6.88 billion, a price-to-earnings ratio of 7.94, a P/E/G ratio of 2.20 and a beta of 1.33.

ARKEMA/S (OTCMKTS:ARKAY) last posted its quarterly earnings data on Tuesday, May 7th. The basic materials company reported $2.45 EPS for the quarter. The firm had revenue of $2.52 billion for the quarter. ARKEMA/S had a return on equity of 13.83% and a net margin of 7.55%. Equities analysts anticipate that ARKEMA/S will post 9.22 EPS for the current fiscal year.

ARKEMA/S Company Profile

Arkema SA manufactures and sells specialty chemicals and advanced materials worldwide. It operates through three segments: High Performance Materials, Industrial Specialties, and Coating Solutions. Its products include acrylics, coating resins, electroactive polymers, fluorochemicals, fluoropolymers, functional polyolefins, hydrazine hydrate, hydrogen peroxide, molecular sieves, organic peroxide, oxygenated solvents, poly-ether-ketone-ketone polyetherketoneketone, plastic additives, polymethyl methacrylate resins and sheets, rheology additives, solutions for glass coating, specialty adhesives, specialty polyamides, surfactants and additives, technical fluids, and thiochemicals.

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