Are Analysts Too Bullish On Braskem S.A. ADR (BAK)

Braskem S.A. ADR (NYSE:BAK) currently has a daily average trading volume of 635.13K but it saw 1175331 shares traded in last market. With a market cap of 855.75M USD, the company’s current market price of $4.96 came falling about -2.36 while comparing to the previous closing price of $5.08. In past 52 weeks, the stock remained buoying in the range of price level as high as $10.98 and as low as $5.05. In the recent trading on the day, stock has struck highest price mark of $4.92 while lowest mark touched by it was $5.0285.

Taking a look at 20-day trading activity of Braskem S.A. ADR (BAK) gives us an average price of $5.64, while its current price level is -54.83% below from 52-week high level whereas it is -1.88% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $6.41 while that of 200 days or SMA-200 reads an average of $7.28. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.69% during that period while stretching the period over a month that increases to 3.22%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 20.21 which implies that the stock is in oversold territory.

Over the week, BAK’s stock price is moving -4.43% down while it is -19.74% when we observe its performance for the past one month. Year-to-date it is -43.76% down and over the past year, the stock is showing a downside performance of -38.54%.

Currently, Braskem S.A. ADR’s total number of outstanding shares is 172.53M. Company’s return on investment (ROI) stands at -12.58% and return on equity (ROE) at -282.87%. It has a 39.27 of forward P/E ratio. Stock’s beta reads 2.02. Stock has a price to sale or P/S ratio amounts to 0.06. Its return on asset (ROA) is -7.98% on average.