Braskem SA ADR (OTCMKTS:BRKMY – Get Free Report)’s stock price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred 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 Up 5.5%
The company has a market capitalization of $1.23 billion, a P/E ratio of 2.50 and a beta of 1.10. The company has a 50-day moving average of $2.87 and a two-hundred day moving average of $2.99. The company has a quick ratio of 0.46, a current ratio of 0.79 and a debt-to-equity ratio of 3.34.
Braskem Company Profile
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
- Do not delete, read immediately
- How a Family Trust May Be Able To Help Preserve Your Wealth
- Put $1,000 into this stock by Jan 1 [Not NVDA]
- The $100 Trillion AI Story No One Is Telling You
- Buy this stock tomorrow?
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.
