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Brookfield Asset Management Reinsurance Partners (NYSE:BAMR) Trading Up 2.5% - Here's Why

Brookfield Asset Management Reinsurance Partners logo with Finance background

Key Points

  • Brookfield Asset Management Reinsurance Partners shares increased by 2.5%, reaching a last traded price of $68.87 after hitting a high of $69.42.
  • Trading volume surged to 48,653 shares, marking a 132% increase from the average of 20,993 shares.
  • The company specializes in annuity-based reinsurance products and operates in two segments: Reinsurance and Pension Risk Transfer.
  • MarketBeat previews the top five stocks to own by October 1st.

Shares of Brookfield Asset Management Reinsurance Partners Ltd. (NYSE:BAMR - Get Free Report) traded up 2.5% on Friday . The company traded as high as $69.42 and last traded at $68.87. 48,653 shares traded hands during mid-day trading, an increase of 132% from the average session volume of 20,993 shares. The stock had previously closed at $67.16.

Brookfield Asset Management Reinsurance Partners Stock Performance

The company has a debt-to-equity ratio of 0.23, a current ratio of 0.28 and a quick ratio of 0.28. The stock has a 50 day moving average price of $66.21 and a two-hundred day moving average price of $59.09.

About Brookfield Asset Management Reinsurance Partners

(Get Free Report)

Brookfield Asset Management Reinsurance Partners Ltd., through its subsidiaries, provides annuity-based reinsurance products to insurance and reinsurance companies. The company operates in two segments, Reinsurance and Pension Risk Transfer. It also acts as a direct issuer of pension risk transfer products for pension plan sponsors.

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