News articles about Braskem (NYSE:BAK) have trended somewhat positive this week, Accern Sentiment reports. Accern identifies negative and positive news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Braskem earned a daily sentiment score of 0.16 on Accern’s scale. Accern also gave news coverage about the energy company an impact score of 46.431013794329 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

Shares of Braskem (BAK) traded up $0.13 on Tuesday, hitting $28.23. 928,040 shares of the stock traded hands, compared to its average volume of 493,617. The firm has a market capitalization of $11,280.00, a PE ratio of 31.72 and a beta of 1.05. Braskem has a 1-year low of $17.44 and a 1-year high of $33.73. The company has a debt-to-equity ratio of 2.88, a current ratio of 0.86 and a quick ratio of 0.58.

The firm also recently declared a special dividend, which was paid on Friday, December 22nd. Stockholders of record on Monday, December 11th were given a dividend of $0.7748 per share. The ex-dividend date was Friday, December 8th. Braskem’s dividend payout ratio is presently 84.27%.

Several analysts have recently issued reports on BAK shares. Zacks Investment Research raised shares of Braskem from a “hold” rating to a “strong-buy” rating and set a $34.00 price target on the stock in a research report on Wednesday, October 18th. UBS Group cut shares of Braskem from a “buy” rating to a “neutral” rating in a research report on Tuesday, November 21st. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, one has given a buy rating and one has issued a strong buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $34.00.

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About Braskem

Braskem SA produces thermoplastic resins. The Company’s segments are Basic petrochemicals, Polyolefins, Vinyls, the United States and Europe, and Chemical distribution. It is also engaged in the import and export of chemicals, petrochemicals and fuels, the production, supply and sale of utilities such as steam, water, compressed air, industrial gases, the provision of industrial services, and the production, supply and sale of electric energy.

Insider Buying and Selling by Quarter for Braskem (NYSE:BAK)

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