Shares of Brookfield Reinsurance Ltd. (NYSE:BNRE – Get Free Report) dropped 1.6% on Friday . The company traded as low as $37.8384 and last traded at $38.02. 11,418 shares changed hands during mid-day trading, an increase of 79% from the average session volume of 6,394 shares. The stock had previously closed at $38.64.
Brookfield Reinsurance Price Performance
The company has a market cap of $5.56 billion, a PE ratio of 131.69 and a beta of 1.53. The company has a 50-day moving average of $42.64 and a 200 day moving average of $43.61.
About Brookfield Reinsurance
Brookfield Reinsurance Ltd. (NYSE: BNRE) is a Bermuda-based reinsurance and insurance company affiliated with Brookfield Corporation. The company provides capital and risk-management solutions to insurance businesses and focuses on acquiring, managing and reinsuring portfolios of life insurance, annuity and property and casualty liabilities.
Its operations include retirement services, such as annuities and pension-risk-transfer solutions, as well as life insurance and personal and commercial property and casualty coverage.
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