Berkshire Hathaway (TSE:BRK) Stock Price Crosses Above 200 Day Moving Average - What's Next?

Key Points

• Berkshire Hathaway (TSE:BRK) crossed above its 200‑day moving average, trading as high as C$37.17 and last at C$36.48 versus the 200‑day MA of C$36.37 on volume of 76,800 shares.
• The stock has a market capitalization of C$1.43 trillion, a P/E ratio of 21.15 and a beta of 0.59, signaling relatively low volatility versus the market.
• Berkshire is a diversified holding company with a core insurance business (GEICO and reinsurance units) that funds major assets like Burlington Northern Santa Fe, Berkshire Hathaway Energy and large manufacturing and retail subsidiaries (e.g., Precision Castparts, Lubrizol).

Shares of Berkshire Hathaway Inc. (TSE:BRK - ) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$36.37 and traded as high as C$37.17. Berkshire Hathaway shares last traded at C$36.48, with a volume of 76,800 shares.

Berkshire Hathaway Stock Performance

The stock has a market cap of C$1.43 trillion, a PE ratio of 21.15 and a beta of 0.59. The company's 50-day moving average price is C$36.41 and its two-hundred day moving average price is C$36.37.

Berkshire Hathaway Company Profile

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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