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

Braskem SA ADR (OTCMKTS:BRKMYGet Free Report) hit a new 52-week low on Tuesday . The stock traded as low as $4.15 and last traded at $4.27, with a volume of 1670162 shares trading hands. The stock had previously closed at $4.14.

Braskem Stock Performance

The company has a market capitalization of $1.70 billion, a PE ratio of 3.37 and a beta of 1.10. The company has a quick ratio of 0.46, a current ratio of 0.79 and a debt-to-equity ratio of 3.34. The company has a 50-day moving average price of $5.86 and a two-hundred day moving average price of $6.37.

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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