Arkema (ARKAY) Announces Earnings Results

Arkema (OTCMKTS:ARKAY) issued its quarterly earnings data on Thursday. The basic materials company reported $1.79 earnings per share for the quarter, reports. Arkema had a return on equity of 12.48% and a net margin of 6.40%.

Shares of Arkema (OTCMKTS:ARKAY) traded up $4.22 on Thursday, hitting $131.96. The stock had a trading volume of 562 shares, compared to its average volume of 12,371. The firm has a market cap of $9,568.48, a price-to-earnings ratio of 15.88, a price-to-earnings-growth ratio of 0.93 and a beta of 1.19. The company has a current ratio of 2.11, a quick ratio of 1.57 and a debt-to-equity ratio of 0.52. Arkema has a one year low of $94.21 and a one year high of $133.05.

Several brokerages have recently commented on ARKAY. Credit Suisse Group lowered Arkema from a “neutral” rating to an “underperform” rating in a research report on Monday, November 13th. Zacks Investment Research upgraded Arkema from a “hold” rating to a “buy” rating and set a $139.00 target price for the company in a research report on Tuesday, January 9th.

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About Arkema

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.

Earnings History for Arkema (OTCMKTS:ARKAY)

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