Braskem S.A. (NYSE:BAK) was a big mover last session, as the company saw its shares rise over 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company—as the stock is now up 17.5% in the past one-month time frame.
The company has seen one positive estimate revision in the past one month, while its Zacks Consensus Estimate has also moved higher over the same time frame, suggesting that more solid trading could be ahead for Braskem. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
Braskem currently sports a Zacks Rank #1 (Strong Buy) while its Earnings ESP is 0.00%.
Another stock worth considering in the Oil and Gas - Integrated - International industry is OMV Aktiengesellschaft OMVJF, which sports a Zacks Rank #1. You can see the complete list of today’s Zacks #1 Rank stocks here.
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Braskem S.A. (BAK): Free Stock Analysis Report
OMV AG (OMVJF): Free Stock Analysis Report
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Zacks Investment Research