Arkema (OTCMKTS:ARKAY) Cut to Hold at Kepler Capital Markets

Kepler Capital Markets downgraded shares of Arkema (OTCMKTS:ARKAY) from a strong-buy rating to a hold rating in a research note published on Friday morning,Zacks.com reports.

ARKAY has been the subject of several other reports. Zacks Research lowered shares of Arkema from a “hold” rating to a “strong sell” rating in a report on Tuesday, January 6th. The Goldman Sachs Group upgraded shares of Arkema from a “hold” rating to a “buy” rating in a research report on Tuesday, February 10th. Deutsche Bank Aktiengesellschaft downgraded Arkema from a “buy” rating to a “hold” rating in a report on Monday, November 24th. Finally, Barclays cut Arkema from a “hold” rating to a “strong sell” rating in a report on Tuesday, November 11th. Two research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, Arkema has an average rating of “Reduce”.

Arkema Stock Up 0.4%

OTCMKTS:ARKAY opened at $72.77 on Friday. The stock’s fifty day simple moving average is $64.98 and its 200-day simple moving average is $63.95. The firm has a market capitalization of $5.53 billion, a P/E ratio of 83.64, a P/E/G ratio of 1.48 and a beta of 0.87. The company has a quick ratio of 2.26, a current ratio of 3.07 and a debt-to-equity ratio of 0.55. Arkema has a 12-month low of $56.28 and a 12-month high of $91.51.

Arkema Company Profile

Arkema SA is a global specialty chemicals and advanced materials company headquartered in Colombes, France. Established in 2004 as a spin-off from Total’s chemicals division, the company offers a broad portfolio of high-performance materials designed to improve durability, thermal and chemical resistance, and environmental performance across diverse industries.

Arkema’s operations are organized into four core segments. Adhesive Solutions delivers bonding, sealing, and coating technologies for markets such as packaging, medical devices, and consumer goods.