Braskem SA (BAK) Receives Daily News Sentiment Score of 0.10
Media coverage about Braskem SA (NYSE:BAK) has trended somewhat positive on Wednesday, according to Alpha One Sentiment Analysis. The research firm, a service of Accern, scores the sentiment of news coverage by analyzing more than twenty million blog and news sources. Alpha One ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Braskem SA earned a news sentiment score of 0.10 on Alpha One’s scale. Alpha One also gave news headlines about the energy company an impact score of 40 out of 100, meaning that recent news coverage is unlikely to have an impact on the company’s share price in the near future.
These are some of the headlines that may have effected AlphaOne’s scoring:
- Braskem SA (BAK) Sees Large Growth in Short Interest (americanbankingnews.com)
- State Street Corp Reduces Stake in Braskem SA (BAK) (it.einnews.com)
- Braskem SA (BAK) Earning Somewhat Favorable Press Coverage, Analysis Shows (americanbankingnews.com)
- Braskem : Changes in Calendar (4-traders.com)
Shares of Braskem SA (NYSE:BAK) traded down 0.05% during mid-day trading on Wednesday, hitting $21.94. 394,169 shares of the stock were exchanged. Braskem SA has a 12 month low of $10.82 and a 12 month high of $23.15. The stock’s market cap is $8.73 billion. The company has a 50-day moving average price of $20.63 and a 200-day moving average price of $19.84.
Separately, Zacks Investment Research lowered shares of Braskem SA from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 6th.
Braskem SA Company Profile
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.
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