Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Braskem SA (ADR) before investing.

In this article, we go over a few key elements for understanding Braskem SA (ADR)’s stock price such as:

• Braskem SA (ADR)’s current stock price and volume
• Why Braskem SA (ADR)’s stock price changed recently
• Upgrades and downgrades for BAK from analysts
• BAK’s stock price momentum as measured by its relative strength

About Braskem SA (ADR) (BAK)

Before we jump into Braskem SA (ADR)’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

Braskem SA is a Brazil-based integrated petrochemical company for the first and second generation of thermoplastic resins. The Company's activities are divided into three operational segments: Brazil; the United States and Europe; and Mexico. The Brazil segment is focused on the production of polyethylene (PE), polypropylene (PP) and polyvinylchloride (PVC) resins, in addition to basic chemical inputs such as ethylene, propylene, butadiene, benzene, toluene, chlorine, soda, and solvents, among others. The United States and Europe segment is responsible for the production of polypropylene in units in the United States and Germany. The Mexico segment consists of the operation of ethylene cracker and polyethylene units located in Mexico.

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Braskem SA (ADR)’s Stock Price as of Market Close

As of September 10, 2024, 4:00 PM, CST, Braskem SA (ADR)’s stock price was $6.22.

Braskem SA (ADR) is down 4.75% from its previous closing price of $6.53.

During the last market session, Braskem SA (ADR)’s stock traded between $6.48 and $6.68. Currently, there are 398.60 million shares of Braskem SA (ADR) stock available for purchase.

Unfortunately, Braskem SA (ADR)’s P/E ratio is not significant enough to use for stock price evaluation. We recommend investors evaluate other financial metrics to understand its overall valuation.

Braskem SA (ADR) Stock Price History

Braskem SA (ADR)’s (BAK) price is currently down 1.58% so far this month.

During the month of September, Braskem SA (ADR)’s stock price has reached a high of $6.84 and a low of $6.14.

Over the last year, Braskem SA (ADR) has hit prices as high as $10.98 and as low as $5.28. Year to date, Braskem SA (ADR)’s stock is down 32.39%.

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What Caused Braskem SA (ADR) Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of September 09, 2024, there were 0 analysts who downgraded Braskem SA (ADR)’s stock and 1 analyst who upgraded over the last month.

Additionally, you'll want to evaluate Braskem SA (ADR)’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Braskem SA (ADR)’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Braskem SA (ADR)’s current valuation based on AAII’s Value Grade is a D, which means it is considered to be Expensive.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Braskem SA (ADR) (BAK) by visiting AAII Stock Evaluator.

Relative Price Strength of Braskem SA (ADR)

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of September 09, 2024, Braskem SA (ADR) has a weighted four-quarter relative price strength of -11.22%, which translates to a Momentum Score of 30 and is considered to be Weak.

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Braskem SA (ADR) Stock Price: Bottom Line

As of September 10, 2024, Braskem SA (ADR)’s stock price is $6.22, which is down 4.75% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Braskem SA (ADR) stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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