ARKEMA/S (OTCMKTS:ARKAY) was upgraded by Zacks Investment Research from a “strong sell” rating to a “hold” rating in a research report issued on Monday, 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. “
Other equities analysts have also issued reports about the company. Berenberg Bank began coverage on ARKEMA/S in a research report on Wednesday, April 3rd. They set a “hold” rating on the stock. ValuEngine downgraded ARKEMA/S from a “hold” rating to a “sell” rating in a research report on Saturday, March 30th. Finally, Credit Suisse Group raised ARKEMA/S from a “neutral” rating to an “outperform” rating in a research report on Thursday, January 17th. Two analysts have rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company’s stock. ARKEMA/S has an average rating of “Hold”.
OTCMKTS ARKAY traded up $2.18 during trading on Monday, hitting $104.73. 4,604 shares of the company traded hands, compared to its average volume of 12,687. ARKEMA/S has a 12 month low of $82.00 and a 12 month high of $137.00. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.44 and a quick ratio of 1.69. The firm has a market cap of $7.95 billion, a P/E ratio of 9.34, a price-to-earnings-growth ratio of 1.21 and a beta of 1.19.
Arkema SA provides chemical products worldwide. Its High Performance Materials segment offers adhesives and sealants for industry, hygiene, construction, and consumer products; and specialty polyamides for automotive, aerospace, aeronautics, oil and gas, electronics, and consumer goods, as well as polyvinylidene fluoride for chemical engineering, paints and anti-corrosive coatings, oil and gas extraction, photovoltaic panels, lithium-ion batteries, and water treatment membranes.
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