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Brookfield Reinsurance (NYSE:BNRE) Trading Down 0.8% - Should You Sell?

Brookfield Reinsurance logo with Finance background

Brookfield Reinsurance Ltd. (NYSE:BNRE - Get Free Report) dropped 0.8% on Wednesday . The stock traded as low as $58.51 and last traded at $58.80. Approximately 6,030 shares were traded during trading, a decline of 6% from the average daily volume of 6,394 shares. The stock had previously closed at $59.30.

Brookfield Reinsurance Price Performance

The firm has a fifty day simple moving average of $53.08 and a two-hundred day simple moving average of $56.09. The firm has a market capitalization of $8.31 billion, a P/E ratio of 197.11 and a beta of 1.53.

About Brookfield Reinsurance

(Get Free Report)

Brookfield Reinsurance Ltd., through its subsidiaries, provides insurance and reinsurance services to individuals and institutions in the United States, Canada, and internationally. The company operates in three segments: Direct Insurance, Reinsurance, and Pension Risk Transfer (PRT). The Direct Insurance segment offers a range of insurance products and services including Whole, Universal, Variable Universal, and Credit Life insurance products; deferred, single premium immediate, and variable annuities; primary and excess casualty products, such as specialty casualty, construction defect, general liability, commercial multi-peril, workers compensation, product liability, environmental liability, and auto liability; professional liability including management, transaction, and errors and omissions liability; property insurance for homeowners and renters, inland marine, and auto physical damages; surety, animal mortality, and ocean marine insurance; and health insurance, credit insurance, and pension products.

Further Reading

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