Braskem S.A. ADR (NYSE: BAK) on Tuesday, plunged -0.20% from the previous trading day, before settling in for the closing price of $5.10. Within the past 52 weeks, BAK’s price has moved between $5.09 and $10.98.
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Annual sales at Basic Materials sector company grew by 2.54% over the past five years. The company achieved an average annual earnings per share of 16.97%. With a float of $172.20 million, this company’s outstanding shares have now reached $172.53 million.
Let’s look at the performance matrix of the company that is accounted for 8569 employees. In terms of profitability, gross margin is 7.82%, operating margin of 0.64%, and the pretax margin is -14.98%.
Braskem S.A. ADR (BAK) Latest Financial update
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported -0.46 earnings per share (EPS) for the period topping the consensus outlook (set at -0.55) by 0.09. Wall Street market experts anticipate that the next fiscal year will bring earnings of -2.0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 16.97% per share during the next fiscal year.
Braskem S.A. ADR (NYSE: BAK) Trading Performance Indicators
Braskem S.A. ADR (BAK) is currently performing well based on its current performance indicators. A quick ratio of 0.76 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.06.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.54, a number that is poised to hit -0.13 in the next quarter and is forecasted to reach 0.13 in one year’s time.
Technical Analysis of Braskem S.A. ADR (BAK)
Braskem S.A. ADR (NYSE: BAK) saw its 5-day average volume 0.51 million, a negative change from its year-to-date volume of 0.81 million. As of the previous 9 days, the stock’s Stochastic %D was 2.84%. Additionally, its Average True Range was 0.20.
During the past 100 days, Braskem S.A. ADR’s (BAK) raw stochastic average was set at 0.76%, which indicates a significant decrease from 1.58% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.86% in the past 14 days, which was lower than the 43.38% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.46, while its 200-day Moving Average is $7.30. Nevertheless, the first resistance level for the watch stands at $5.21 in the near term. At $5.33, the stock is likely to face the second major resistance level. The third major resistance level sits at $5.40. If the price goes on to break the first support level at $5.02, it is likely to go to the next support level at $4.95. The third support level lies at $4.83 if the price breaches the second support level.
Braskem S.A. ADR (NYSE: BAK) Key Stats
Market capitalization of the company is 878.18 million based on 451,670K outstanding shares. Right now, sales total 14,135 M and income totals -917,170 K. The company made 3,834 M in profit during its latest quarter, and -106,920 K in sales during its previous quarter.
