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Berkshire Hathaway (TSE:BRK) Sets New 12-Month Low - What's Next?

Berkshire Hathaway logo with background
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Key Points

  • Berkshire Hathaway hit a new 52-week low, trading as low as C$33.93 and last at C$33.94 on Tuesday with 155,633 shares traded (previous close C$34.16).
  • Technical and valuation context: the stock is trading below its 50‑day (C$35.26) and 200‑day (C$36.06) moving averages, with a market cap of C$1.33 trillion, a P/E of 19.84 and a beta of 0.66.
  • Business profile: Berkshire is a diversified holding company centered on insurance (GEICO, reinsurance, primary) that deploys excess cash into major acquisitions like BNSF and Berkshire Hathaway Energy and large manufacturing and retail businesses.
  • MarketBeat previews the top five stocks to own by June 1st.

Berkshire Hathaway Inc. (TSE:BRK - Get Free Report)'s stock price reached a new 52-week low during trading on Tuesday . The stock traded as low as C$33.93 and last traded at C$33.94, with a volume of 155633 shares traded. The stock had previously closed at C$34.16.

Berkshire Hathaway Price Performance

The stock has a market capitalization of C$1.33 trillion, a P/E ratio of 19.84 and a beta of 0.66. The company has a fifty day moving average of C$35.26 and a two-hundred day moving average of C$36.06.

Berkshire Hathaway Company Profile

(Get Free Report)

Berkshire Hathaway is a holding company with a wide array of subsidiaries engaged in diverse activities. The firm's core business segment is insurance, run primarily through Geico, Berkshire Hathaway Reinsurance Group, and Berkshire Hathaway Primary Group. Berkshire has used the excess cash thrown off from these and its other operations over the years to acquire Burlington Northern Santa Fe (railroad), Berkshire Hathaway Energy (utilities and energy distributors), and the firms that make up its manufacturing, service, and retailing operations (which include five of Berkshire's largest noninsurance pretax earnings generators: Precision Castparts, Lubrizol, Clayton Homes, Marmon, and IMC/ISCAR).

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