Braskem SA (NYSE: BAK) stock suffered a major decline of -10.7% on 12/13/24. The shares closed at $4.27. Moreover, exceptionally high trading volume at 477% of normal accompanied the decline. Relative to the market the stock has been extremely weak over the last nine months and has declined -16.3% during the last week.
Current PriceTarget Research Rating
Braskem has a current Value Trend Rating of D (Negative). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Braskem has a slightly negative Appreciation Score of 38 and a poor Power Rating of 29, leading to the Negative Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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