Brookfield Asset Management (TSE:BAM) Hits New 12-Month Low – What’s Next?

Brookfield Asset Management Ltd. (TSE:BAM – Get Free Report) (NYSE:BAM)’s share price hit a new 52-week low during mid-day trading on Tuesday. The stock traded as low as C$51.20 and last traded at C$63.10, with a volume of 155072 shares traded. The stock had previously closed at C$62.94.

Brookfield Asset Management Price Performance

The firm has a market capitalization of C$101.07 billion, a PE ratio of 36.37, a price-to-earnings-growth ratio of 0.43 and a beta of 1.40. The business has a 50-day moving average of C$68.94 and a 200 day moving average of C$66.12. The company has a current ratio of 2.97, a quick ratio of 0.95 and a debt-to-equity ratio of 54.43.

About Brookfield Asset Management

(Get Free Report)

Brookfield Asset Management Ltd. (NYSE: BAM, TSX: BAM) is a leading global alternative asset manager, headquartered in New York, with over $1 trillion of assets under management across infrastructure, energy, private equity, real estate, and credit. We invest client capital for the long-term with a focus on real assets and essential service businesses that form the backbone of the global economy. We offer a range of alternative investment products to investors around the world – including public and private pension plans, endowments and foundations, sovereign wealth funds, financial institutions, insurance companies and private wealth investors.

Further Reading

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