Arkema (OTCMKTS:ARKAY) Stock Price Crosses Above Fifty Day Moving Average of $103.76

Arkema S.A. (OTCMKTS:ARKAY) shares passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $103.76 and traded as high as $106.01. Arkema shares last traded at $106.01, with a volume of 860 shares changing hands.

Arkema Price Performance

The business has a fifty day simple moving average of $103.76 and a 200-day simple moving average of $103.77. The stock has a market capitalization of $7.95 billion, a P/E ratio of 18.28, a PEG ratio of 0.46 and a beta of 1.35. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.64 and a current ratio of 2.25.

Arkema (OTCMKTS:ARKAY) last posted its quarterly earnings results on Tuesday, May 7th. The basic materials company reported $2.00 EPS for the quarter. Arkema had a net margin of 4.40% and a return on equity of 8.92%. The business had revenue of $2.54 billion during the quarter. Sell-side analysts expect that Arkema S.A. will post 9.42 earnings per share for the current fiscal year.

Arkema Increases Dividend

The company also recently declared a dividend, which will be paid on Wednesday, June 5th. Investors of record on Thursday, May 16th will be paid a dividend of $3.7363 per share. This is an increase from Arkema’s previous dividend of $3.03. The ex-dividend date is Wednesday, May 15th. Arkema’s dividend payout ratio is 53.45%.

Arkema Company Profile

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.