Braskem (OTCMKTS:BRKMY) Sets New 52-Week Low – What’s Next?

Braskem SA ADR (OTCMKTS:BRKMYGet Free Report)’s share price reached a new 52-week low on Monday . The stock traded as low as $5.44 and last traded at $5.45, with a volume of 642229 shares changing hands. The stock had previously closed at $5.53.

Braskem Stock Performance

The stock has a market capitalization of $2.10 billion, a P/E ratio of 4.28 and a beta of 1.10. The company has a debt-to-equity ratio of 3.34, a quick ratio of 0.46 and a current ratio of 0.79. The company’s fifty day simple moving average is $6.76 and its two-hundred day simple moving average is $6.83.

About Braskem

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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.

Further Reading

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