Somewhat Positive Press Coverage Somewhat Unlikely to Impact Braskem (BAK) Share Price

News articles about Braskem (NYSE:BAK) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm rates the sentiment of news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Braskem earned a daily sentiment score of 0.19 on Accern’s scale. Accern also gave news headlines about the energy company an impact score of 46.2486842756233 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

BAK has been the topic of several research analyst reports. Zacks Investment Research lowered shares of Braskem from a “hold” rating to a “strong sell” rating in a research note on Monday, December 18th. UBS Group lowered shares of Braskem from a “buy” rating to a “neutral” rating in a research note on Tuesday, November 21st. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, one has given a buy rating and one has issued a strong buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $34.00.

Shares of Braskem (NYSE:BAK) traded up $0.20 during trading hours on Friday, reaching $29.14. 252,793 shares of the company traded hands, compared to its average volume of 361,769. Braskem has a 12-month low of $17.44 and a 12-month high of $33.73. The company has a debt-to-equity ratio of 2.88, a current ratio of 0.86 and a quick ratio of 0.58. The firm has a market cap of $11,480.00, a price-to-earnings ratio of 32.38 and a beta of 1.05.

The business also recently declared a special dividend, which was paid on Friday, December 22nd. Investors of record on Monday, December 11th were paid a dividend of $0.7748 per share. The ex-dividend date was Friday, December 8th. Braskem’s dividend payout ratio is currently 83.33%.

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Braskem Company Profile

Braskem SA produces thermoplastic resins. The Company’s segments are Basic petrochemicals, Polyolefins, Vinyls, the United States and Europe, and Chemical distribution. It is also engaged in the import and export of chemicals, petrochemicals and fuels, the production, supply and sale of utilities such as steam, water, compressed air, industrial gases, the provision of industrial services, and the production, supply and sale of electric energy.

Insider Buying and Selling by Quarter for Braskem (NYSE:BAK)

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