Braskem (OTCMKTS:BRKMY) Hits New 12-Month Low – Here’s What Happened

Shares of Braskem SA ADR (OTCMKTS:BRKMYGet Free Report) reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as $5.18 and last traded at $5.21, with a volume of 595452 shares trading hands. The stock had previously closed at $5.33.

Braskem Trading Down 2.3 %

The company’s 50-day moving average is $6.53 and its 200 day moving average is $6.64. The company has a current ratio of 0.79, a quick ratio of 0.46 and a debt-to-equity ratio of 3.34. The firm has a market cap of $2.08 billion, a PE ratio of 4.33 and a beta of 1.10.

Braskem Company Profile

(Get Free Report)

Braskem SA, together with its subsidiaries, produces and sells thermoplastic resins. The company operates through Chemicals, Polyolefins, Vinyls, United States and Europe, and Mexico segments. The Chemicals segment produces and sells ethylene, propylene butadiene, toluene, xylene, cumene, and benzene, as well as gasoline, diesel and liquefied petroleum gas, and other petroleum derivatives; and supplies electric energy, steam, compressed air, and other inputs to second-generation producers.

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