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 during trading on Monday . The company traded as low as $5.44 and last traded at $5.45, with a volume of 642229 shares. The stock had previously closed at $5.53.

Braskem Stock Performance

The stock’s 50 day moving average price is $6.76 and its 200 day moving average price is $6.83. 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 company has a market capitalization of $2.10 billion, a price-to-earnings ratio of 4.28 and a beta of 1.10.

Braskem Company Profile

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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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