Braskem (OTCMKTS:BRKMY) Sets New 1-Year Low – Should You Sell?

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

Braskem Trading Down 2.3 %

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 has a market capitalization of $2.08 billion, a price-to-earnings ratio of 4.33 and a beta of 1.10. The business’s 50 day moving average price is $6.53 and its two-hundred day moving average price is $6.64.

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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