NEW YORK ( TheStreet) -- Braskem SA Preferred Shares Sponsored ADR R (NYSE: BAK) hit a new 52-week high Tuesday as it is currently trading at $30.73, above its previous 52-week high of $30.63 with 69,082 shares traded as of 10:46 a.m. ET. Average volume has been 213,600 shares over the past 30 days.

Braskem SA Preferred Shares Sponsored ADR R has a market cap of $12 billion and is part of the basic materials sector and chemicals industry. Shares are up 19.8% year to date as of the close of trading on Friday.

Braskem S.A. produces and sells petrochemical products in Brazil and the United States. The company has a P/E ratio of 18.1, above the average chemicals industry P/E ratio of 7.7 and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Braskem SA Preferred Shares Sponsored ADR R as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including generally poor debt management, poor profit margins and weak operating cash flow. You can view the full Braskem SA Preferred Shares Sponsored ADR R Ratings Report.

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