Arkema (OTCMKTS:ARKAY) Share Price Crosses Below Two Hundred Day Moving Average – Should You Sell?

Arkema S.A. (OTCMKTS:ARKAYGet Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $82.16 and traded as low as $67.60. Arkema shares last traded at $70.07, with a volume of 55,725 shares traded.

Arkema Price Performance

The stock has a market capitalization of $5.33 billion, a PE ratio of 14.01, a PEG ratio of 0.53 and a beta of 1.18. The business has a fifty day moving average price of $81.74 and a 200-day moving average price of $82.16. The company has a current ratio of 2.11, a quick ratio of 1.54 and a debt-to-equity ratio of 0.48.

About Arkema

(Get Free Report)

Arkema SA manufactures and sells specialty chemicals and advanced materials worldwide. The company operates in three segments: Adhesive Solutions, Advanced Materials and Coating Solutions, and Intermediates. The Adhesive Solutions segment provides solutions for construction, renovation of buildings, DIY, durable goods, and packaging and non-woven applications; and supplies technologies used in building activities for businesses and individuals, including sealants, tiles, flooring adhesives and waterproofing systems, and technologies used in industry, which include automotive, textiles, glazing, flexible and rigid packaging, and hygiene markets.

Further Reading

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