Braskem S.A. ADR (NYSE: BAK) is -20.18% lower on its value in year-to-date trading and has touched a low of $5.28 and a high of $10.98 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BAK stock was last observed hovering at around $7.27 in the last trading session, with the day’s loss setting it -0.23%.
Currently trading at $7.04, the stock is 7.70% and 9.20% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.99 million and changing -3.16% at the moment leaves the stock -7.13% off its SMA200. BAK registered -25.42% loss for a year compared to 6-month loss of -33.33%.
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The stock witnessed a 8.98% gain in the last 1 month and extending the period to 3 months gives it a 6.67%, and is 9.83% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.43% over the week and 3.63% over the month.
Braskem S.A. ADR (BAK) has around 8569 employees, a market worth around $1.21B and $14.06B in sales. Fwd P/E is 29.88. Profit margin for the company is -12.81%. Distance from 52-week low is 33.33% and -35.88% from its 52-week high. The company has generated returns on investments over the last 12 months (-15.85%).
The EPS is expected to grow by 20.73% this year
The shares outstanding are 172.53M, and float is at 172.20M with Short Float at 0.89%.
The top institutional shareholder in the company is OAKTREE CAPITAL MANAGEMENT LP with over 2.44 million shares valued at $15.76 million. The investor’s holdings represent 0.3065 of the BAK Shares outstanding. As of 2024-06-30, the second largest holder is MBB PUBLIC MARKETS I LLC with 1.6 million shares valued at $10.3 million to account for 0.2004 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 0.6 million shares representing 0.0747 and valued at over $3.84 million, while MARSHALL WACE, LLP holds 0.0337 of the shares totaling 0.27 million with a market value of $1.73 million.
