Braskem S.A. (NYSE: BAK) open the trading on March 16, 2023, with great promise as it jumped 1.73% to $7.06. During the day, the stock rose to $7.10 and sunk to $6.81 before settling in for the price of $6.94 at the close. Taking a more long-term approach, BAK posted a 52-week range of $6.79-$19.84.
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It was noted that the giant of the Basic Materials sector posted annual sales growth of 17.30% over the last 5 years. Meanwhile, its Annual Earning per share during the time was 102.20%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 308.70%. This publicly-traded company’s shares outstanding now amounts to $398.23 million, simultaneously with a float of $101.75 million. The organization now has a market capitalization sitting at $3.00 billion. At the time of writing, stock’s 50-day Moving Average stood at $8.32, while the 200-day Moving Average is $11.44.
It is quite fundamental to gauge the extent of the productivity of the business which is accounted for 8126 workers. For the Profitability, stocks gross margin was +29.79, operating margin was +24.81 and Pretax Margin of +17.00.
Braskem S.A. (BAK) Ownership Facts and Figures
Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Chemicals industry. Braskem S.A.’s current insider ownership accounts for 77.50%, in contrast to 1.60% institutional ownership.
Braskem S.A. (BAK) Earnings and Revenue Records
So, what does the last quarter earnings report of the company that was made public on 9/29/2022 suggests? It has posted -$0.53 earnings per share (EPS) not meeting the forecaster’s viewpoint (set at $0.01) by -$0.54. This company achieved a net margin of +13.24 while generating a return on equity of 493.86. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
Braskem S.A.’s EPS increase for this current 12-month fiscal period is 308.70% and is forecasted to reach 0.23 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 9.70% through the next 5 years, which can be compared against the 102.20% growth it accomplished over the previous five years trading on the market.
Braskem S.A. (NYSE: BAK) Trading Performance Indicators
Let’s observe the current performance indicators for Braskem S.A. (BAK). It’s Quick Ratio in the last reported quarter now stands at 0.90. The Stock has managed to achieve an average true range (ATR) of 0.32. Alongside those numbers, its PE Ratio stands at $7.65, and its Beta score is 1.68. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.15.
In the same vein, BAK’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.92, a figure that is expected to reach -0.42 in the next quarter, and analysts are predicting that it will be 0.23 at the market close of one year from today.
Technical Analysis of Braskem S.A. (BAK)
[Braskem S.A., BAK] recent stats showed that its last 5-days Average volume was superior the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 10.54% While, its Average True Range was 0.31.
Raw Stochastic average of Braskem S.A. (BAK) in the period of the previous 100 days is set at 3.87%, which indicates a major fall in contrast to 18.75% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 36.96% that was lower than 50.27% volatility it exhibited in the past 100-days period.