Brookfield Reinsurance (NYSE:BNRE) Stock Price Down 0.3% - Here's What Happened

Key Points

• Brookfield Reinsurance Ltd. shares fell 0.3% on Tuesday, trading between $67.20 and $67.50 with a total of approximately 6,510 shares exchanged during the day.
• The company has a market capitalization of $9.82 billion and a P/E ratio of 232.77, indicative of its growing valuation.
• Brookfield Reinsurance operates in three segments: Direct Insurance, Reinsurance, and Pension Risk Transfer, providing a comprehensive range of insurance and reinsurance products.

Brookfield Reinsurance Ltd. (NYSE:BNRE - Get Free Report) was down 0.3% during mid-day trading on Tuesday . The company traded as low as $67.20 and last traded at $67.50. Approximately 6,510 shares were traded during mid-day trading, an increase of 2% from the average daily volume of 6,394 shares. The stock had previously closed at $67.68.

Brookfield Reinsurance Trading Down 2.4%

The firm has a market capitalization of $9.50 billion, a price-to-earnings ratio of 225.28 and a beta of 1.53. The stock has a fifty day moving average of $61.77 and a 200-day moving average of $57.36.

Brookfield Reinsurance Company Profile

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.