Braskem (OTCMKTS:BRKMY) Hits New 1-Year Low at $6.85

Braskem SA ADR (OTCMKTS:BRKMYGet Free Report)’s stock price hit a new 52-week low during trading on Wednesday . The company traded as low as $6.85 and last traded at $6.95, with a volume of 333575 shares changing hands. The stock had previously closed at $6.84.

Braskem Price Performance

The business has a 50-day moving average price of $7.15 and a 200 day moving average price of $8.03. The company has a market cap of $2.77 billion, a price-to-earnings ratio of 5.65 and a beta of 1.10. 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

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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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