Braskem SA ADR (OTCMKTS:BRKMY – Get Free Report) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $3.09 and traded as high as $4.29. Braskem shares last traded at $4.24, with a volume of 5,251,874 shares traded.
Braskem Price Performance
The firm has a market cap of $1.69 billion, a P/E ratio of 3.45 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 50-day simple moving average is $3.47 and its two-hundred day simple moving average is $3.09.
About Braskem
Braskem SA is a Brazil-based petrochemical company and the largest producer of thermoplastic resins in Latin America. Formed in 2002 through the consolidation of regional chemical operations, Braskem specializes in the production of polyethylene, polypropylene and polyvinyl chloride, as well as a range of basic petrochemical inputs. The company’s product portfolio serves diverse end markets, including packaging, automotive, agriculture and construction, with an emphasis on innovation and performance-grade materials.
In addition to traditional resins, Braskem has developed bio-based polymers, most notably green polyethylene produced from sugarcane ethanol feedstock at its Triunfo plant in southern Brazil.
Featured Stories
- Five stocks we like better than Braskem
- Silver Is the New Oil—And the World’s Running Dry
- BNZI stands out as a Zacks Buy. Earnings momentum and analyst upgrades align
- What happened in Cyprus could be coming here
- Elon Musk’s $1 Quadrillion AI IPO
- Buffett, Gates and Bezos Quietly Dumping Stocks—Here’s Why
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.
