Braskem (OTCMKTS:BRKMY) Sets New 1-Year Low – Here’s Why

Shares of Braskem SA ADR (OTCMKTS:BRKMY) reached a new 52-week low during mid-day trading on Monday . The stock traded as low as $4.94 and last traded at $5.12, with a volume of 1173034 shares. The stock had previously closed at $5.02.

Braskem Stock Up 2.0 %

The company has a debt-to-equity ratio of 3.34, a current ratio of 0.79 and a quick ratio of 0.46. The business has a fifty day simple moving average of $6.38 and a 200 day simple moving average of $6.57. The firm has a market cap of $2.04 billion, a price-to-earnings ratio of 4.08 and a beta of 1.10.

About Braskem

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.