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BAK’s Stock Market Puzzle: Piecing Together 2023’s Performance

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The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. The metric has seen a significant gain of 11.14% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -28.26%. Over the past 30 days, the price of BAK has fallen by 13.49%. And in the last five days, it has fallen by -6.13%.

Braskem S.A. ADR’s stock has had a tumultuous market performance. The 1-year high for the company’s stock was $10.98 on 03/22/24, and the lowest price during the same period was recorded at $3.69 on 01/13/25.

52-week price history of BAK Stock

A stock’s 52-week price history, including the low and high prices, can offer valuable insights into its current standing and future prospects. Braskem S.A. ADR’s current trading price is -60.93% away from its 52-week high, while its distance from the 52-week low is 16.22%. The stock’s price range over this timeframe has been between $3.69 and $10.98. The shares of the Basic Materials sector company recorded a trading volume of approximately 1.1 million for the day, which was comparatively higher than the average daily volume of 1.03 million over the last three months.

The Connection Between Financial Performance and Market Capitalization

Braskem S.A. ADR (BAK) has experienced a quarterly decline of -22.42% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 740.15M and boasts a workforce of 8569 employees.

How Moving Averages and Trading Volume Data Work Together

Based on Barchart.com data, the company’s moving average over the 100-day period was 5.34, with a change in price of -2.98. Similarly, Braskem S.A. ADR recorded 868,876 in trading volume during the last 100 days, posting a change of -40.99%.

BAK Stock Stochastic Average

The raw stochastic average for Braskem S.A. ADR over the last 50 days is presently at 38.17%. This reflects a surge from the raw stochastic average of the previous 20 days, which was noted at 27.03%. Further, the company’s Stochastic %K and %D values for the last 20 days were 47.75% and 54.35%, respectively.

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