Brookfield Asset Management (TSE:BAM) Stock Passes Above 200 Day Moving Average of $51.78

Brookfield Asset Management Ltd. (TSE:BAM) (NYSE:BAM) shares passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$51.78 and traded as high as C$54.10. Brookfield Asset Management shares last traded at C$53.78, with a volume of 1,017,947 shares traded.

Brookfield Asset Management Stock Performance

The company has a current ratio of 4.39, a quick ratio of 0.95 and a debt-to-equity ratio of 1.73. The company has a market cap of C$20.91 billion and a PE ratio of 34.70. The business’s 50 day moving average is C$55.29 and its two-hundred day moving average is C$51.78.

Brookfield Asset Management (TSE:BAM) (NYSE:BAM) last issued its earnings results on Wednesday, February 7th. The company reported C$0.49 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.47 by C$0.02. Brookfield Asset Management had a return on equity of 18.68% and a net margin of 45.27%. The company had revenue of C$1.54 billion for the quarter. On average, equities research analysts anticipate that Brookfield Asset Management Ltd. will post 1.9906994 EPS for the current year.

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.