Shares of Brookfield Asset Management Ltd. (TSE:BAM - Get Free Report) NYSE: BAM passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$69.12 and traded as high as C$83.94. Brookfield Asset Management shares last traded at C$82.77, with a volume of 875,641 shares.
Wall Street Analyst Weigh In
Separately, UBS Group restated a "buy" rating on shares of Brookfield Asset Management in a research note on Monday, December 16th.
Check Out Our Latest Report on Brookfield Asset Management
Brookfield Asset Management Trading Down 0.4 %
The business has a fifty day simple moving average of C$80.94 and a 200-day simple moving average of C$69.64. The company has a debt-to-equity ratio of 6.32, a quick ratio of 0.95 and a current ratio of 0.85. The firm has a market cap of C$34.53 billion and a price-to-earnings ratio of 54.95.
Insider Buying and Selling
In related news, Director Justin B. Beber sold 25,000 shares of the company's stock in a transaction that occurred on Wednesday, December 11th. The stock was sold at an average price of C$83.87, for a total value of C$2,096,630.00. 14.10% of the stock is owned by corporate insiders.
About Brookfield Asset Management
(
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Brookfield Asset Management Ltd. is a real estate investment firm specializing in alternative asset management services. Its renewable power and transition business includes the operates in the hydroelectric, wind, solar, distributed generation, and sustainable solution sector. The company's infrastructure business engages in the utilities, transport, midstream, and data infrastructure sectors.
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