Brookfield Asset Management Ltd. (TSE:BAM – Get Free Report) (NYSE:BAM)’s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$54.72 and traded as high as C$55.57. Brookfield Asset Management shares last traded at C$53.07, with a volume of 1,487,280 shares.
Brookfield Asset Management Price Performance
The company has a current ratio of 0.84, a quick ratio of 0.95 and a debt-to-equity ratio of 11.63. The stock has a 50 day simple moving average of C$54.42 and a 200-day simple moving average of C$54.73. The firm has a market cap of C$21.25 billion and a PE ratio of 37.25.
Brookfield Asset Management (TSE:BAM – Get Free Report) (NYSE:BAM) last released its quarterly earnings data on Wednesday, May 8th. The company reported C$0.46 earnings per share for the quarter, hitting analysts’ consensus estimates of C$0.46. Brookfield Asset Management had a return on equity of 18.79% and a net margin of 45.32%. The firm had revenue of C$1.19 billion during the quarter. Equities analysts anticipate that Brookfield Asset Management Ltd. will post 2.1064726 earnings per share for the current fiscal year.
Brookfield Asset Management Increases Dividend
Insiders Place Their Bets
In other news, Director Justin B. Beber sold 43,937 shares of Brookfield Asset Management stock in a transaction that occurred on Thursday, June 20th. The shares were sold at an average price of C$37.98, for a total transaction of C$1,668,727.26. 14.11% of the stock is currently owned by corporate insiders.
Brookfield Asset Management Company Profile
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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