Braskem SA ADR (OTCMKTS:BRKMY – Get Free Report)’s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $8.10 and traded as high as $8.80. Braskem shares last traded at $8.76, with a volume of 601,478 shares changing hands.
Braskem Stock Performance
The stock has a market capitalization of $3.49 billion, a P/E ratio of 7.12 and a beta of 1.10. The company’s 50-day moving average is $8.96 and its two-hundred day moving average is $8.10. The company has a current ratio of 0.79, a quick ratio of 0.46 and a debt-to-equity ratio of 3.34.
About Braskem
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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