Braskem SA ADR (OTCMKTS:BRKMY – Get Free Report)’s share price traded down 0.9% on Wednesday. The company traded as low as $1.0550 and last traded at $1.11. 708,702 shares changed hands during trading, an increase of 129% from the average daily volume of 310,002 shares. The stock had previously closed at $1.12.
Braskem Trading Down 0.9%
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 stock has a 50-day moving average price of $1.60 and a two-hundred day moving average price of $2.95. The stock has a market capitalization of $442.46 million, a P/E ratio of 0.90 and a beta of 1.10.
Braskem Company Profile
Braskem is a Brazilian petrochemical company that makes basic chemicals and plastics used in packaging, construction, automotive, consumer goods and other industries. Its products include polyethylene, polypropylene and polyvinyl chloride, as well as chemical intermediates and other inputs for manufacturing. The company also produces bio-based polyethylene under its I’m green brand, using sugarcane-derived ethanol as a feedstock. Braskem was formed in 2002 through the consolidation of several Brazilian petrochemical businesses.
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