Braskem (NYSE:BAK) Sees Strong Trading Volume – What’s Next?

Posted by Geri Gentry on Aug 27th, 2026

Braskem S.A. (NYSE:BAK – Get Free Report) saw unusually-high trading volume on Thursday . Approximately 1,473,134 shares were traded during mid-day trading, a decline of 39% from the previous session’s volume of 2,401,264 shares.The stock last traded at $1.5650 and had previously closed at $1.48.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on BAK shares. Citigroup lowered Braskem from a “neutral” rating to a “sell” rating in a research note on Thursday, June 25th. Zacks Research lowered Braskem from a “strong-buy” rating to a “hold” rating in a report on Monday, May 18th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Braskem in a research note on Friday, July 17th. Finally, JPMorgan Chase & Co. lowered shares of Braskem from an “overweight” rating to a “neutral” rating in a report on Tuesday, June 30th. Three analysts have rated the stock with a Hold rating and five have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Strong Sell” and a consensus price target of $3.40.

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Braskem Stock Performance

The firm has a market capitalization of $631.79 million, a PE ratio of -0.65, a price-to-earnings-growth ratio of 0.10 and a beta of 1.62. The stock’s 50 day simple moving average is $2.36 and its two-hundred day simple moving average is $3.43.

Braskem (NYSE:BAK – Get Free Report) last posted its quarterly earnings results on Friday, June 26th. The company reported $1.61 earnings per share (EPS) for the quarter. Braskem had a negative return on equity of 67.75% and a negative net margin of 7.28%.The business had revenue of $4.20 billion during the quarter. Equities research analysts expect that Braskem S.A. will post 1.51 earnings per share for the current fiscal year.

Institutional Trading of Braskem

A number of hedge funds and other institutional investors have recently modified their holdings of BAK. Brooklands Fund Management Ltd acquired a new position in Braskem in the 1st quarter valued at about $2,013,000. Bank of America Corp DE increased its holdings in shares of Braskem by 178,471.4% during the 1st quarter. Bank of America Corp DE now owns 50,000 shares of the company’s stock worth $183,000 after buying an additional 49,972 shares during the last quarter. Cetera Investment Advisers acquired a new stake in shares of Braskem during the 1st quarter worth approximately $51,000. Squarepoint Ops LLC purchased a new stake in shares of Braskem during the 4th quarter valued at approximately $79,000. Finally, Quadrant Capital Group LLC raised its position in shares of Braskem by 222.1% during the 4th quarter. Quadrant Capital Group LLC now owns 12,809 shares of the company’s stock valued at $38,000 after buying an additional 8,832 shares during the period.

Braskem Company Profile

(Get Free Report)

Braskem (NYSE:BAK) is a leading integrated petrochemical company based in São Paulo, Brazil, and holds the distinction of being the largest thermoplastic resins producer in Latin America. The company operates across the entire value chain, from feedstock sourcing and polymer production to distribution and recycling. Braskem’s comprehensive approach to petrochemical manufacturing enables it to serve a diverse set of end markets with a broad portfolio of products.

Braskem’s core product lines include polypropylene, polyethylene and polyvinyl chloride (PVC), which are used in industries such as packaging, automotive, construction and electrical & electronics.