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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 $8.16, down 0.49% from the previous day, and has increased 6.25% in one year. It has underperformed other stocks in the Chemicals industry by 0.07 percentage points. Braskem Sa stock is currently +29.52% from its 52-week low of $6.30, and -35.6% from its 52-week high of $12.67.

There are currently 797.21M BAK shares outstanding. The market cap of BAK is $3.25B. In the last 24 hours, 629,982 BAK shares were traded.

How to Buy Braskem Sa Stock

Not sure how to invest in Braskem Sa stock? Here's how.
  1. Choose where to buy Braskem Sa stock: You need to pick a stock brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you choose where to buy Braskem Sa stock.
  2. Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Deposit money your investment account: Pick your method of payment and add your information.
  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 market 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 purchase BAK shares at a specific price.
  6. Monitor your BAK position: Create a watchlist to the latest updates on your investment in Braskem Sa stock.

Step 1: Choose where to buy Braskem Sa stock

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

A brokerage account is an investment account that enables you to buy and sell a variety of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Create your brokerage account

Now that you've picked the right brokerage, it's time to fill out some personal details so you can buy BAK today.

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Step 3: Deposit money your investment account

Now that you've filled out your info on one of the most highly reviewed stock apps, your next step is to transfer the money for your investment:

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Step 4: Evaluate Braskem Sa stock

After you have decided on the best place to buy Braskem Sa stock, it's absolutely critical to evaluate their stock before you invest, so you actually wrap your head around the risk as well as the upside.

Braskem Sa quick stats

BAK Price
$8.16
1w %
-7.27%
1y %
6.25%
5y %
-65.86%
P/E
-3.61x
P/B
4.15x
P/S
0.23x
PEG
N/A
Revenue
$13.86B
Earnings
-$899.61M
Fore. Rev. Growth
7.44%
Fore. Earn. Growth
N/A
Market Cap
$3.25B
Next Earnings
May 9, 2024
Next Dividend
N/A

Braskem Sa Fundamentals

WallStreetZen was designed to help part-time investors do more accurate fundamental analysis quickly.

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

Is BAK stock undervalued or overvalued?

You can use many financial metrics, analyses, models, and charts to gauge BAK's intrinsic value.

Using relative valuations methods:

  • BAK may be overvalued based on its P/B ratio of 4.15x, relative to Chemicals industry P/B ratio of 1.95x

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

How do BAK Financials look?

Positive Health Checks:

  • BAK has $3.76B in cash and short term investments. This is sufficient to cover its annual cash burn of $1.32B.
  • BAK has cash burn of 1322200392. It has sufficient cash and short-term investments to cover this for at least one year.
  • There are more short-term assets than short-term liabilities on the BAK balance sheet.

Negative Health Checks:

  • BAK has a relatively high debt to equity ratio of 22.16.
  • Total BAK debt is higher than 5 years ago, relative to shareholder equity.
  • BAK profit margin has gone down from -0.3% to -6.5% in the past year.
  • There are more long-term liabilities than short-term assets on the BAK balance sheet.

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

BAK Technical Indicators

SMA10
8.66
SMA20
9.09
SMA50
9.1
SMA100
8.36
SMA200
8.46
MACD
-0.25
MACD Signal
-0.14
MACD Histogram
-0.11
RSI
33.24
Stochastic %K
14.48
Stochastic %D
23.06
StochRSI %K
15.23
StochRSI %D
28.5

Is BAK Growing Revenue?

Last year, BAK revenue was $13.86B. In the past five year, BAK's revenue has increased by -0.62% per year. This was slower than the Chemicals industry average of 1.01%.

Learn more about BAK's earnings and revenue performance here.

Who is buying/selling BAK?

Over the last 12 months, insiders at BAK have not bought or sold any shares.

Get more info about who owns BAK stock here.

Can I rely on BAK as an income stream?

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

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Step 5: Execute your BAK purchase

There are two primary types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are usually sufficient.
  • Limit order: A limit order lets you buy or sell a security at a specific price (or better).
    If you want to ensure you're buying or selling at a given dollar amount, place a limit order.

Hit the Open button and eToro will place the order.

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Step 6: Monitor your BAK position

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

Put BAK on a watchlist to get notified of the latest news about your BAK stock.

BAK Feed

How to Buy Stock in Braskem Sa

To reiterate, here are the 6 steps to buy stock in Braskem Sa:

  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

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If you would like to monitor your investment in Braskem Sa, click below.

NYSE: BAK
$8.16-0.04 (-0.49%)
Updated May 1, 2024
Open eToro Account
NYSE: BAK
$8.16-0.04 (-0.49%)
Updated May 1, 2024
Open eToro Account

FAQ

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

As of May 1, 2024, it costs $8.16 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 0.49 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.