Braskem SA ADR (OTCMKTS:BRKMY – Get Free Report) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $8.10 and traded as high as $8.80. Braskem shares last traded at $8.76, with a volume of 601,478 shares trading hands.
Braskem Trading Up 1.5 %
The business has a 50 day simple moving average of $9.03 and a two-hundred day simple moving average of $8.12. The company has a current ratio of 0.79, a quick ratio of 0.46 and a debt-to-equity ratio of 3.34. The stock has a market cap of $3.54 billion, a price-to-earnings ratio of 7.23 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.
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