Braskem S.A. ADR (NYSE: BAK) is -2.07% lower on its value in year-to-date trading and has touched a low of $3.70 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 $4.00 in the last trading session, with the day’s loss setting it -0.22%.
Currently trading at $3.78, the stock is -11.29% and -24.92% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.36 million and changing -5.50% at the moment leaves the stock -44.26% off its SMA200. BAK registered -54.84% loss for a year compared to 6-month loss of -44.33%. The firm has a 50-day simple moving average (SMA 50) of $5.0346 and a 200-day simple moving average (SMA200) of $6.78095.
The stock witnessed a -26.03% gain in the last 1 month and extending the period to 3 months gives it a -48.08%, and is -1.56% down 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 5.43% over the week and 4.77% over the month.
Braskem S.A. ADR (BAK) has around 8569 employees, a market worth around $652.16M and $14.48B in sales. Profit margin for the company is -9.76%. Distance from 52-week low is 2.16% and -65.57% from its 52-week high. The company has generated returns on investments over the last 12 months (-12.58%).
with sales reaching $19.9B over the same period.The EPS is expected to shrink by -4.58% this year, but quarterly earnings will post 12.31% year-over-year. Quarterly sales are estimated to grow 19.23% in year-over-year returns.
Braskem S.A. ADR (BAK) Top Institutional Holders
The shares outstanding are 172.53M, and float is at 172.20M with Short Float at 1.15%.
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.
Braskem S.A. ADR (BAK) Insider Activity
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