BAK Stock Summary and Trading Ideas (Braskem SA ADR | NYSE:BAK)

Braskem SA manufactures and sells chemicals, petrochemicals, fuels, and utilities. The company's geographical segments include Brazil; the United States and Europe and Mexico. It derives a majority of its revenue from Brazil. It produces olefins, such as ethylene, polymer and chemical-grade propylene, butadiene, and butene-1; fuels, such as automotive gasoline, liquefied petroleum gas, or LPG, ethyl tertiary-butyl ether, or ETBE, and methyl tertiary-butyl ether, or MTBE; intermediates, such as cumene and others.

Braskem SA ADR trades on the NYSE stock market under the symbol BAK.

As of April 1, 2025, BAK stock price declined to $3.71 with 479,464 million shares trading.

BAK has a beta of 0.71, meaning it tends to be less sensitive to market movements. BAK has a correlation of 0.04 to the broad based SPY ETF.

BAK has a market cap of $1.48 billion. This is considered a Small Cap stock.

Last quarter Braskem SA ADR reported $3 billion in Revenue and -$1.22 earnings per share. This fell short of revenue expectation by $-365 million and missed earnings estimates by -$.96.

In the last 3 years, BAK traded as high as $19.84 and as low as $3.41.

The top ETF exchange traded funds that BAK belongs to (by Net Assets): VWO, SPEM, VXUS, AVEM, VEU.

BAK has underperformed the market in the last year with a price return of -64.8% while the SPY ETF gained +8.6%. However, in the short term, BAK had mixed performance relative to the market. It has outperformed in the last 3 months, returning -3.9% vs -4.0% return in SPY. But in the last 2 weeks, BAK shares have been beat by the market, returning -7.0% compared to an SPY return of -0.8%.

BAK support price is $3.73 and resistance is $3.98 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BAK shares will trade within this expected range on the day.