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

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

Braskem Trading Down 1.7 %

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 company has a market cap of $2.56 billion, a price-to-earnings ratio of 5.22 and a beta of 1.10. The company’s fifty day moving average is $6.69 and its two-hundred day moving average is $7.24.

Braskem Company Profile

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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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