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BAK’s Market Quandary: Decoding the Ups and Downs of 2023

ALXO Stock

The stock price performance this year has been a mixed bag, which means people have different opinions about whether it’s been good or bad. Some may see it as optimistic, while others may view it as pessimistic. This year’s metric has recorded a Price increase of 14.97%. However, over the past six months, we’ve seen a weaker performance of 7.42%. The price of BAK fallen by 27.87% over the last 30 days. And in the last five days, it has surged by 22.32%.

Braskem S.A. ADR saw a rather consistency, in terms of market performance. The company’s stock reached its highest point at $12.67 on 06/20/23, while the lowest price for the same duration was marked at $6.26 on 03/23/23.

52-week price history of BAK Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Braskem S.A. ADR’s current trading price is -19.97% away from its 52-week high, while its distance from the 52-week low is 61.98%. The stock’s price range during this period has varied between$6.26 and $12.67. The Braskem S.A. ADR’s shares, which operate in the Basic Materials, saw a trading volume of around 2.22 million for the day, a figure considerably higher than their average daily volume of 1.02 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

Braskem S.A. ADR (BAK) has experienced a quarterly rise of 36.11% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.75B and boasts a workforce of 8569 employees.

Combining Moving Average and Trading Volume Data for Better Market Insight

Based on Barchart.com data, the company’s moving average over the 100-day period was 7.80, with a change in price of +3.03. Similarly, Braskem S.A. ADR recorded 1,056,291 in trading volume during the last 100 days, posting a change of +42.87%.

BAK’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look

The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for BAK stands at 15.01. Similarly, the long-term debt-to-equity ratio is also 14.07.

BAK Stock Stochastic Average

As of today, Braskem S.A. ADR’s raw stochastic average for the last 50 days stands at 98.05%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 96.67%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 84.00% and 76.97%, respectively.