Braskem (OTCMKTS:BRKMY) Reaches New 52-Week Low – Here’s What Happened

by · The Cerbat Gem

Braskem SA ADR (OTCMKTS:BRKMYGet Free Report)’s stock price reached a new 52-week low during mid-day trading on Monday . The company traded as low as $6.22 and last traded at $6.32, with a volume of 406926 shares trading hands. The stock had previously closed at $6.09.

Braskem Price Performance

The company has a debt-to-equity ratio of 3.34, a quick ratio of 0.46 and a current ratio of 0.79. The stock has a market capitalization of $2.48 billion, a PE ratio of 5.05 and a beta of 1.10. The stock’s 50-day moving average is $6.71 and its 200 day moving average is $6.98.

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.

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