Shares of Brookfield Asset Management Ltd. (TSE:BAM – Get Free Report) (NYSE:BAM) reached a new 52-week high on Tuesday . The company traded as high as C$59.08 and last traded at C$59.08, with a volume of 7272 shares. The stock had previously closed at C$58.48.
Brookfield Asset Management Trading Down 3.3 %
The firm has a market capitalization of C$22.76 billion and a price-to-earnings ratio of 41.27. The business has a 50 day moving average of C$54.24 and a two-hundred day moving average of C$54.58. The company has a debt-to-equity ratio of 11.63, a quick ratio of 0.95 and a current ratio of 0.84.
Brookfield Asset Management (TSE:BAM – Get Free Report) (NYSE:BAM) last issued its quarterly earnings data on Wednesday, May 8th. The company reported C$0.46 EPS for the quarter, hitting the consensus estimate of C$0.46. The firm had revenue of C$1.19 billion during the quarter. Brookfield Asset Management had a return on equity of 18.79% and a net margin of 45.32%. Equities analysts predict that Brookfield Asset Management Ltd. will post 2.1064726 EPS for the current year.
Brookfield Asset Management Increases Dividend
Insider Activity
In other Brookfield Asset Management news, Senior Officer Craig Noble sold 197,348 shares of the stock in a transaction on Friday, May 10th. The stock was sold at an average price of C$39.73, for a total transaction of C$7,840,793.92. In other news, Senior Officer Craig Noble sold 197,348 shares of the firm’s stock in a transaction on Friday, May 10th. The stock was sold at an average price of C$39.73, for a total value of C$7,840,793.92. Also, Director Justin B. Beber sold 43,937 shares of the stock in a transaction on Thursday, June 20th. The stock was sold at an average price of C$37.98, for a total value of C$1,668,727.26. 14.11% of the stock is currently owned by corporate insiders.
About Brookfield Asset Management
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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