Braskem (OTCMKTS:BRKMY) Sets New 52-Week Low – Here’s Why

Braskem SA ADR (OTCMKTS:BRKMYGet Free Report) shares reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $6.50 and last traded at $6.53, with a volume of 334705 shares trading hands. The stock had previously closed at $6.56.

Braskem Price Performance

The stock has a market capitalization of $2.56 billion, a PE ratio of 5.22 and a beta of 1.10. The company has a debt-to-equity ratio of 3.34, a current ratio of 0.79 and a quick ratio of 0.46. The stock’s fifty day moving average is $6.69 and its 200-day moving average is $7.24.

About Braskem

(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.

Featured Stories

Receive News & Ratings for Braskem Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Braskem and related companies with MarketBeat.com's FREE daily email newsletter.