Brookfield Asset Management Ltd. (TSE:BAM - Get Free Report) NYSE: BAM shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$76.31 and traded as high as C$85.00. Brookfield Asset Management shares last traded at C$83.40, with a volume of 663,262 shares.
Wall Street Analyst Weigh In
Separately, UBS Group dropped their price target on Brookfield Asset Management from C$96.00 to C$90.00 in a research note on Thursday, May 1st.
View Our Latest Report on Brookfield Asset Management
Brookfield Asset Management Trading Down 1.3%
The company has a fifty day moving average of C$77.72 and a two-hundred day moving average of C$76.31. The stock has a market capitalization of C$97.91 billion and a price-to-earnings ratio of 28.70.
Insider Buying and Selling
In other news, Director Nicholas Howard Goodman sold 4,500 shares of the business's stock in a transaction that occurred on Friday, May 9th. The stock was sold at an average price of C$79.05, for a total transaction of C$355,721.85. 14.10% of the stock is currently owned by corporate insiders.
About Brookfield Asset Management
(
Get Free Report)
Brookfield Corp, formerly Brookfield Asset Management Inc owns and manages the commercial property, power, and infrastructure assets. Its investment focus includes Real Estate, Infrastructure, Renewable Power and Private Equity. Real Estate is made up of office and retail properties; Renewable power is made up of hydroelectric, wind, solar, and storage generating facilities; Infrastructure is made up of utilities, transport, energy, data infrastructure, and sustainable resource assets; and Private Equity is focused on business services, infrastructure services, and industrial operations.
See Also
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