Arkema (OTCMKTS:ARKAY) Stock Price Down 12.2% – Should You Sell?

Arkema SA (OTCMKTS:ARKAY)’s share price was down 12.2% during trading on Tuesday . The stock traded as low as $63.89 and last traded at $63.89. Approximately 277 shares traded hands during trading, a decline of 96% from the average daily volume of 6,697 shares. The stock had previously closed at $72.77.

Analysts Set New Price Targets

Several research analysts have commented on the stock. Deutsche Bank Aktiengesellschaft cut shares of Arkema from a “buy” rating to a “hold” rating in a research report on Monday, November 24th. The Goldman Sachs Group raised shares of Arkema from a “hold” rating to a “buy” rating in a research note on Tuesday, February 10th. Kepler Capital Markets lowered Arkema from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 27th. Zacks Research cut shares of Arkema from a “hold” rating to a “strong sell” rating in a research note on Tuesday, January 6th. Finally, Barclays cut Arkema from a “hold” rating to a “strong sell” rating in a research report on Tuesday, November 11th. Two analysts have rated the stock with a Buy rating, three have issued a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, Arkema has an average rating of “Reduce”.

Arkema Trading Up 1.7%

The company has a quick ratio of 2.26, a current ratio of 3.07 and a debt-to-equity ratio of 0.55. The company has a 50-day moving average price of $65.36 and a 200-day moving average price of $63.89. The company has a market capitalization of $5.04 billion, a price-to-earnings ratio of 76.14, a P/E/G ratio of 1.32 and a beta of 0.87.

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.