Somewhat Positive Press Coverage Somewhat Unlikely to Impact Braskem (NYSE:BAK) Stock Price

News headlines about Braskem (NYSE:BAK) have been trending somewhat positive this week, Accern reports. The research group identifies positive and negative media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Braskem earned a news impact score of 0.13 on Accern’s scale. Accern also gave news headlines about the energy company an impact score of 46.1923365066686 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

Braskem (NYSE BAK) traded up $0.20 during mid-day trading on Friday, hitting $29.14. 252,793 shares of the company were exchanged, compared to its average volume of 452,300. Braskem has a 1 year low of $17.44 and a 1 year high of $33.73. The company has a debt-to-equity ratio of 2.88, a quick ratio of 0.58 and a current ratio of 0.86. The stock has a market capitalization of $10,960.00, a price-to-earnings ratio of 32.74 and a beta of 1.05.

The firm also recently announced a special dividend, which was paid on Friday, December 22nd. Investors of record on Monday, December 11th were issued a $0.7748 dividend. The ex-dividend date of this dividend was Friday, December 8th. Braskem’s dividend payout ratio (DPR) is presently 84.27%.

BAK has been the subject of a number of research analyst reports. Zacks Investment Research lowered shares of Braskem from a “hold” rating to a “strong sell” rating in a report on Monday, December 18th. UBS Group lowered shares of Braskem from a “buy” rating to a “neutral” rating in a report on Tuesday, November 21st. One analyst has rated the stock with a sell rating, two have assigned a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Braskem presently has a consensus rating of “Hold” and a consensus target price of $34.00.

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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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