NEW YORK ( TheStreet) -- Braskem SA Preferred Shares Sponsored ADR R (NYSE: BAK) hit a new 52-week high Monday as it is currently trading at $29.47, above its previous 52-week high of $29.38 with 49,797 shares traded as of 10:35 a.m. ET. Average volume has been 172,500 shares over the past 30 days. Braskem SA Preferred Shares Sponsored ADR R has a market cap of $11.7 billion and is part of the basic materials sector and chemicals industry. Shares are up 12.1% year to date as of the close of trading on Thursday. Braskem S.A. produces and sells petrochemical products in Brazil and the United States. The company has a P/E ratio of 17.6, above the average chemicals industry P/E ratio of 9.1 and above the S&P 500 P/E ratio of 16.7.
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