BraskemBAK
Market Cap: $2.71B
About: 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.
Employees: 8,569
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
10% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 10
2% more funds holding
Funds holding: 49 [Q1] → 50 (+1) [Q2]
0.37% less ownership
Funds ownership: 2.58% [Q1] → 2.21% (-0.37%) [Q2]
19% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 16
47% less capital invested
Capital invested by funds: $94M [Q1] → $49.5M (-$44.5M) [Q2]
Research analyst outlook
We haven’t received any recent analyst ratings for BAK.
Financial journalist opinion
Based on 3 articles about BAK published over the past 30 days