Brookfield Reinsurance (NYSE:BNRE) Stock Price Down 0.1% – Should You Sell?

Shares of Brookfield Reinsurance Ltd. (NYSE:BNRE – Get Free Report) traded down 0.1% during trading on Friday . The company traded as low as $42.11 and last traded at $42.75. 35,158 shares traded hands during trading, an increase of 450% from the average session volume of 6,394 shares. The stock had previously closed at $42.78.

Brookfield Reinsurance Stock Down 0.1%

The company has a market capitalization of $6.22 billion, a P/E ratio of 147.42 and a beta of 1.53. The firm has a 50-day moving average price of $43.99 and a two-hundred day moving average price of $44.58.

Brookfield Reinsurance Company Profile

(Get Free Report)

Brookfield Reinsurance (NYSE: BNRE) is a Bermuda-domiciled reinsurer sponsored by Brookfield Asset Management. The company provides a range of risk transfer solutions, including property catastrophe, casualty, specialty lines and retrocession coverage. By combining underwriting expertise with diversified capital markets strategies, Brookfield Reinsurance aims to meet the needs of primary insurers, reinsurers and other institutional clients seeking tailored reinsurance capacity.

In its underwriting operations, Brookfield Reinsurance focuses on structuring programs across regions and perils, deploying both traditional reinsurance treaties and facultative placements.

See Also

• Five stocks we like better than Brookfield Reinsurance
• Chevron’s Strong Quarter Shows Why It Still Leads the Energy Sector
• Amazon’s Earnings Beat Shows Why AWS Is Back at the Center of the Bull Case
• Apple’s Record Quarter Could Not Outrun Its Guidance Problem
• McKesson’s Compounding Keeps Adding Up