A share price of Braskem S.A. ADR [BAK] is currently trading at $8.59, up 0.70%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The BAK shares have gain 4.76% over the last week, with a monthly amount glided 20.99%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Braskem S.A. ADR [NYSE: BAK] stock has seen the most recent analyst activity on August 29, 2023, when UBS downgraded its rating to a Sell. Previously, JP Morgan downgraded its rating to Neutral on July 05, 2023, and dropped its price target to $11. On June 14, 2023, upgrade upgraded it’s rating to Buy. UBS downgraded its rating to a Neutral. Scotiabank upgraded its rating to a Sector Outperform but $16.75 remained the price target by the analyst firm on May 08, 2023. UBS downgraded its rating to Neutral for this stock on December 15, 2022. In a note dated October 26, 2022, Scotiabank upgraded an Sector Perform rating on this stock.
Braskem S.A. ADR experienced fluctuations in its stock price throughout the past year between $6.26 and $12.67. Braskem S.A. ADR [NYSE: BAK] shares were valued at $8.59 at the most recent close of the market.
Analyzing the BAK fundamentals
Trailing Twelve Months sales for Braskem S.A. ADR [NYSE:BAK] were 14.36B which represents -29.43% decline. Gross Profit Margin for this corporation currently stands at 0.03% with Operating Profit Margin at -0.05%, Pretax Profit Margin comes in at -0.09%, and Net Profit Margin reading is -0.07%. To continue investigating profitability, this company’s Return on Assets is posted at -0.05, Equity is -0.71 and Total Capital is -0.05. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of11.95.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 8.42 points at the first support level, and at 8.24 for the second support level. However, for the 1st resistance point, the stock is sitting at 8.75, and for the 2nd resistance point, it is at 8.91.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Braskem S.A. ADR [NYSE:BAK] is 1.54. Also, the Quick Ratio is 1.03, while the Cash Ratio stands at 0.56. Considering the valuation of this stock, the price to sales ratio is 0.10, the price to book ratio is 3.41.
