Braskem SA ADR (OTCMKTS:BRKMY – Get Free Report) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $3.00 and traded as high as $3.00. Braskem shares last traded at $2.90, with a volume of 1,032,643 shares traded.
Braskem Stock Down 4.0%
The stock has a market capitalization of $1.16 billion, a price-to-earnings ratio of 2.36 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 stock has a 50 day moving average price of $2.86 and a 200 day moving average price of $3.00.
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.
Read More
- Five stocks we like better than Braskem
- Elon Taking SpaceX Public! $100 Pre-IPO Opportunity!
- Do not delete, read immediately
- This stock gets a 94 out of 100
- Ticker Revealed: Pre-IPO Access to “Next Elon Musk” Company
- How the Rich Retire
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.
