Braskem (OTCMKTS:BRKMY) Reaches New 12-Month Low – Should You Sell?

Braskem SA ADR (OTCMKTS:BRKMYGet Free Report) shares hit a new 52-week low during trading on Monday . The stock traded as low as $5.09 and last traded at $5.10, with a volume of 629932 shares trading hands. The stock had previously closed at $5.19.

Braskem Trading Down 1.7 %

The firm has a market cap of $2.03 billion, a P/E ratio of 4.22 and a beta of 1.10. 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 fifty day simple moving average of $6.70 and a 200 day simple moving average of $6.77.

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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