Berkshire Hathaway (TSE:BRK) Sets New 12-Month Low – What’s Next?

Berkshire Hathaway Inc. (TSE:BRK)’s stock price reached a new 52-week low during trading on Tuesday . The stock traded as low as C$33.93 and last traded at C$33.94, with a volume of 155633 shares trading hands. The stock had previously closed at C$34.16.

Berkshire Hathaway Price Performance

The company has a market capitalization of C$1.33 trillion, a P/E ratio of 19.84 and a beta of 0.66. The company has a fifty day moving average price of C$35.26 and a 200 day moving average price of C$36.06.

Berkshire Hathaway Company Profile

Berkshire Hathaway is a holding company with a wide array of subsidiaries engaged in diverse activities. The firm’s core business segment is insurance, run primarily through Geico, Berkshire Hathaway Reinsurance Group, and Berkshire Hathaway Primary Group. Berkshire has used the excess cash thrown off from these and its other operations over the years to acquire Burlington Northern Santa Fe (railroad), Berkshire Hathaway Energy (utilities and energy distributors), and the firms that make up its manufacturing, service, and retailing operations (which include five of Berkshire’s largest noninsurance pretax earnings generators: Precision Castparts, Lubrizol, Clayton Homes, Marmon, and IMC/ISCAR).