Braskem SA Sets New 1-Year High at $18.17 (BAK)
Braskem SA (NYSE:BAK) set a new 52-week high during mid-day trading on Thursday, Analyst Ratings News reports. The stock traded as high as $18.17 and last traded at $18.02, with a volume of 486,160 shares. The stock had previously closed at $17.64.
Separately, analysts at TheStreet downgraded shares of Braskem SA from a “hold” rating to a “sell” rating in a research note to investors on Wednesday, August 14th. One analyst has rated the stock with a sell rating and four have given a buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of $19.00.
Braskem SA has a one year low of $12.25 and a one year high of $17.85. The stock’s 50-day moving average is $15.26 and its 200-day moving average is $15.25. The company has a market cap of $7.117 billion and a price-to-earnings ratio of 60.00.
Braskem SA (NYSE:BAK) last issued its quarterly earnings data on Thursday, August 8th. The company reported ($0.13) EPS for the quarter. Analysts expect that Braskem SA will post $0.53 EPS for the current fiscal year.
Braskem SA (NYSE:BAK) is a petrochemical company.
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