Braskem (OTCMKTS:BRKMY) Hits New 1-Year Low – Should You Sell?

Braskem SA ADR (OTCMKTS:BRKMYGet Free Report) shares reached a new 52-week low on Tuesday . The stock traded as low as $4.88 and last traded at $5.04, with a volume of 944569 shares. The stock had previously closed at $4.83.

Braskem Stock Performance

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 company’s fifty day simple moving average is $6.07 and its two-hundred day simple moving average is $6.44. The stock has a market cap of $2.01 billion, a price-to-earnings ratio of 3.93 and a beta of 1.10.

Braskem Company Profile

(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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