Braskem (OTCMKTS:BRKMY) Reaches New 12-Month Low – Time to Sell?

Braskem SA ADR (OTCMKTS:BRKMYGet Free Report) shares hit a new 52-week low on Tuesday . The stock traded as low as $5.18 and last traded at $5.21, with a volume of 595452 shares traded. The stock had previously closed at $5.33.

Braskem Price Performance

The firm’s 50-day moving average is $6.46 and its two-hundred day moving average is $6.61. The company has a market cap of $2.02 billion, a P/E ratio of 4.13 and a beta of 1.10. The company has a debt-to-equity ratio of 3.34, a current ratio of 0.79 and a quick ratio of 0.46.

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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