Braskem S.A. ADR (NYSE: BAK) Recovers 7.55% From 52-Week Low, Is BAK Still A High-Risk, High-Reward Play?

money audit

Braskem S.A. ADR (NYSE:BAK) currently has a daily average trading volume of 996.11K but it saw 1296761 shares traded in last market. With a market cap of 684.94M USD, the company’s current market price of $3.97 came falling about -2.70 while comparing to the previous closing price of $4.08. In past 52 weeks, the stock remained buoying in the range of price level as high as $10.98 and as low as $3.69.

Taking a look at 20-day trading activity of Braskem S.A. ADR (BAK) gives us an average price of $4.47, while its current price level is -63.84% below from 52-week high level whereas it is 7.55% 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 $4.29 while that of 200 days or SMA-200 reads an average of $5.90. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.67% during that period while stretching the period over a month that decreases to 4.29%. 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 34.88 which implies that the stock is in neutral territory.

Over the week, BAK’s stock price is moving -12.94% down while it is -19.80% when we observe its performance for the past one month. Year-to-date it is 2.85% up and over the past year, the stock is showing a downside performance of -53.13%.

The company is expected to be releasing its next quarterly report in March, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.17. In next quarter, company is expected to be making quarterly sales of $23.85B as analysts are expecting the sales for current fiscal year at $91.67B and seeing the company making $91.02B in sales next year. Moreover, analysts are in estimates of $23.24B for current-quarter revenue.

Currently, Braskem S.A. ADR’s total number of outstanding shares is 172.53M with 0.00% of that held by the insiders while 6.19% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -12.58% and return on equity (ROE) at -282.87%. It has a 5.17 of forward P/E ratio. Stock’s beta reads 2.05. Stock has a price to sale or P/S ratio amounts to 0.05. Its return on asset (ROA) is -7.98% on average.