WallStreetZenWallStreetZen

How to Buy Braskem Sa Stock

Braskem Sa

Braskem Sa is a chemical company located in Brazil, which is part of the Basic Materials sector, and is traded under the ticker BAK on the NYSE exchange.

Braskem Sa stock last closed at $8.18, down 1.92% from the previous day, and has increased 3.41% in one year. It has overperformed other stocks in the Chemicals industry by 0.06 percentage points. Braskem Sa stock is currently +30.67% from its 52-week low of $6.26, and -35.44% from its 52-week high of $12.67.

As of Feb 23, 2024, there are 797.21M shares of BAK outstanding. The market capitalization of BAK is $3.26B. In the last 24 hours, 988,840 BAK shares were traded.

How to Buy Braskem Sa Stock

Wondering how to invest in Braskem Sa stock? Here's how.
  1. Choose where to buy Braskem Sa stock: You need to choose a stock brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you figure out where to buy Braskem Sa stock.
  2. Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Deposit money your investment account: Choose your method of payment and add your info.
  4. Evaluate Braskem Sa stock: The Braskem Sa ticker symbol is BAK. Is Braskem Sa stock a good investment? Should you buy shares of BAK? How do BAK's underlying business fundamentals look? Do top analysts think Braskem Sa is a good buy? Why has BAK's stock price moved recently? (Hint: Our stock analysis website can help you evaluate if BAK is a good stock to buy).
  5. Execute your BAK purchase: Decide if you will purchase BAK shares at the current market price or use a limit order to buy BAK stock at a given price.
  6. Monitor your BAK position: Create a watchlist to keep track of your position in Braskem Sa shares.

Step 1: Choose where to buy Braskem Sa stock

You need a brokerage account to access the NYSE market and buy BAK shares.

A brokerage account allows you to buy and sell a number of investments, including stocks, bonds, mutual funds, and ETFs.

Our recommended brokerage: eToro

Based on our research, eToro is the best stock brokerage. eToro gives you:

  • Invest in stocks with zero commissions: Invest without paying trading commissions.
  • Buy fractional shares: Even if you don't have the money to buy a full share, you can still invest in the stock.
  • Access to world markets: From Tech to Healthcare, New York to London — you can fill your portfolio with stocks from the world's top exchanges.
  • Social investing: eToro has a community with more than 20 million users globally. Talk to, learn from, and copy the crypto trades of top investors.
  • Security: eToro is a regulated and licensed brokerage platform.
  • Buy other financial assets: Such as ETFs and cryptos.

Get $10 towards your purchase of stock by opening an account with eToro today.

Open eToro Account
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.

Step 2: Create your brokerage account

Now that you've chosen the best brokerage, you need to fill out some personal information so you are able to buy BAK today.

How to Open a New Brokerage Account on eToro

  1. Click here to get started.
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
  2. Provide your personal info to start a new brokerage account.
  1. Send your information by hitting the "Create Account" button.
  2. Get started with eToro today
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 3: Deposit money your investment account

Now that you've filled out your info on stock market app, you can securely and quickly fund your account:

Check out the walkthrough below to see the process of transferring money into your brokerage account.

Get started with eToro today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Evaluate Braskem Sa stock

Once you have decided on the best place to buy Braskem Sa stock, it's absolutely critical to evaluate their stock before you buy, so you can comprehend the risk and opportunity.

Braskem Sa shares data

BAK Price
$8.18
1w %
4.6%
1y %
3.41%
5y %
-72.56%
P/E
-48.4x
P/B
2.22x
P/S
0.17x
PEG
N/A
Revenue
$19.38B
Earnings
-$67.41M
Fore. Rev. Growth
-21.96%
Fore. Earn. Growth
N/A
Market Cap
$3.26B
Next Earnings
Mar 6, 2024
Next Dividend
N/A

BAK Fundamentals

WallStreetZen was created to help everyday investors perform better fundamental analysis in less time.

You can see all of the due diligence checks on BAK's stock page.

Is BAK stock overvalued?

Investors use a variety of different financial metrics, analyses, models, and charts to gauge BAK's true value.

Using relative valuations metrics:

  • BAK may be overvalued based on its P/B ratio of 2.22x, relative to Chemicals industry P/B ratio of 1.87x

You can do additional valuation analysis on BAK's stock here.

BAK Financial Summary

Positive Health Checks:

  • There are more short-term assets than short-term liabilities on the BAK balance sheet.
  • BAK's operating cash flow of $2.71B allows it to safely service it's debt of $10.81B.

Negative Health Checks:

  • Total BAK debt is higher than 5 years ago, relative to shareholder equity.
  • There are more long-term liabilities than short-term assets on the BAK balance sheet.
  • BAK earnings of $1.24B is not sufficient to cover its interest payments.
  • BAK has a relatively high debt to equity ratio of 11.19.
  • BAK profit margin has gone down from 13.2% to -0.3% in the past year.

You can dig deeper into what analysts are saying on the Braskem Sa stock forecast page.

BAK Trading Indicators

SMA10
7.52
SMA20
7.39
SMA50
7.69
SMA100
7.61
SMA200
8.78
MACD
0.11
MACD Signal
-0.05
MACD Histogram
0.16
RSI
62.98
Stochastic %K
89.6
Stochastic %D
90.56
StochRSI %K
94.5
StochRSI %D
97.47

How is BAK performing as a company?

Last year, BAK revenue was $19.38B. Over the past 5 year, BAK's revenue has increased by 4.17% per year. This was faster than the Chemicals industry average of 1.16%.

You can research BAK's earnings and revenue performance here.

Latest Insiders Trades at BAK

Over the last year, insiders at BAK have not bought or sold any shares.

Learn more about who owns BAK shares here.

Does BAK provide a stable income stream?

No, Braskem Sa doesn't provide an income stream by paying out dividends.

What others are saying about BAK

One of the major reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to find out what other investors have to say.

Step 5: Execute your BAK purchase

You have two primary order types:

  • Market order: A market order is an order to buy or sell a security at the best available price.
    Market orders are generally fine.
  • Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
    If you want to be certain you're buying or selling at an exact dollar amount limit, use a limit order.

Press the Open button and eToro will place the order.

If you want additional assistance buying stocks on eToro, watch the helpful video below:

Open eToro Account

Step 6: Monitor your BAK position

Now that you own some BAK shares, you'll want to stay up-to-date on your new stock purchase.

Make a watchlist to get notified of important updates regarding your BAK stock.

BAK Feed

How to Buy Stock in Braskem Sa

To summarize, here are the 6 steps for buying Braskem Sa stock:

  1. Choose where to buy Braskem Sa stock
  2. Create your brokerage account
  3. Deposit money your investment account
  4. Evaluate Braskem Sa stock
  5. Execute your BAK purchase
  6. Monitor your BAK position

If you require a online brokerage, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to get the latest news on your new investment in Braskem Sa, add BAK to your watchlist by clicking the button below.

NYSE: BAK
$8.18-0.16 (-1.92%)
Updated Feb 23, 2024
Open eToro Account
NYSE: BAK
$8.18-0.16 (-1.92%)
Updated Feb 23, 2024
Open eToro Account

FAQ

How much does it cost to buy one Braskem Sa share?

As of Feb 23, 2024, it costs $8.18 to buy one share of Braskem Sa stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $4, you can buy 0.489 shares of BAK.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Braskem Sa stock?

One way to place an order for Braskem Sa stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.