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Should You Buy Braskem SA ADR (BAK) Stock on Friday?

Friday, January 27, 2023 03:51 PM | InvestorsObserver Analysts

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Should You Buy Braskem SA ADR (BAK) Stock on Friday?

Overall market sentiment has been neutral on Braskem SA ADR (BAK) stock lately. BAK receives a Neutral rating from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,neutral
Braskem SA ADR has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on BAK!

What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With BAK Stock Today?

Braskem SA ADR (BAK) stock has fallen -0.55% while the S&P 500 is higher by 0.47% as of 3:37 PM on Friday, Jan 27. BAK is down -$0.05 from the previous closing price of $9.08 on volume of 467,096 shares. Over the past year the S&P 500 is lower by -6.22% while BAK is down -48.63%. BAK earned $0.94 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 9.57. To screen for more stocks like Braskem SA ADR click here.

More About Braskem SA ADR

Braskem SA manufactures and sells chemicals, petrochemicals, fuels, and utilities. The company's geographical segments include Brazil; the United States and Europe and Mexico. It derives a majority of revenue from Brazil. It produces olefins, such as ethylene, polymer and chemical-grade propylene, butadiene and butene-1; fuels, such as automotive gasoline, liquefied petroleum gas, or LPG, ethyl tertiary-butyl ether, or ETBE, and methyl tertiary-butyl ether, or MTBE; intermediates, such as cumene and others. Click Here to get the full Stock Report for Braskem SA ADR stock.

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