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NEW YORK ( TheStreet) -- Braskem (NYSE: BAK) hit a new 52-week low Tuesday as it is currently trading at $13.72, below its previous 52-week low of $13.75 with 71,052 shares traded as of 11:14 a.m. ET. Average volume has been 493,500 shares over the past 30 days. Braskem has a market cap of $5.63 billion and is part of the basic materials sector and chemicals industry. Shares are up 0.2% year to date as of the close of trading on Monday. Braskem S.A., together with its subsidiaries, produces and sells petrochemical and thermoplastic products in Brazil and internationally. The company has a P/E ratio of 8.6, below the S&P 500 P/E ratio of 17.7.