- BAK has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $3.1 million.
- BAK has traded 84,755 shares today.
- BAK is trading at 3.19 times the normal volume for the stock at this time of day.
- BAK is trading at a new low 5.04% below yesterday's close.
'Weak on High Relative Volume' stocks are worth watching because major volume moves tend to indicate underlying activity such as material stock news, analyst downgrades, insider selling, selling from 'superinvestors,' or that hedge funds and traders are piling out of a stock ahead of a catalyst. Regardless of the impetus behind the price and volume action, when a stock moves with strength and volume it can indicate the start of a new trend on which early investors can capitalize (or avoid losses by trimming weak positions). In the event of a well-timed trading opportunity, combining technical indicators with fundamental trends and a disciplined trading methodology should help you take the first steps towards investment success. EXCLUSIVE OFFER: Get the inside scoop on opportunities in BAK with the Ticky from Trade-Ideas. See the FREE profile for BAK NOW at Trade-Ideas
- Net operating cash flow has significantly increased by 668.16% to $702.23 million when compared to the same quarter last year. In addition, BRASKEM SA has also vastly surpassed the industry average cash flow growth rate of 101.57%.
- The company's current return on equity greatly increased when compared to its ROE from the same quarter one year prior. This is a signal of significant strength within the corporation. Compared to other companies in the Chemicals industry and the overall market on the basis of return on equity, BRASKEM SA has underperformed in comparison with the industry average, but has exceeded that of the S&P 500.
- The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed when compared to that of the S&P 500 and the Chemicals industry. The net income has significantly decreased by 56.1% when compared to the same quarter one year ago, falling from $179.72 million to $78.95 million.
- The debt-to-equity ratio is very high at 8.90 and currently higher than the industry average, implying increased risk associated with the management of debt levels within the company. To add to this, BAK has a quick ratio of 0.63, this demonstrates the lack of ability of the company to cover short-term liquidity needs.
- You can view the full Braskem Ratings Report.
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