Brookfield Corporation (BN) 20 Days SMA touches -0.27%: The odds favor the bear

On Tuesday, Brookfield Corporation (NYSE: BN) opened lower -0.94% from the last session, before settling in for the closing price of $58.53. Price fluctuations for BN have ranged from $40.04 to $62.78 over the past 52 weeks.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

During the last 5-year period, the sales growth of Financial Sector giant was 4.77%. Company’s average yearly earnings per share was noted -4.67% at the time writing. With a float of $1.38 billion, this company’s outstanding shares have now reached $1.50 billion.

Let’s determine the extent of company efficiency that accounts for 250000 employees. In terms of profitability, gross margin is 26.32%, operating margin of 22.92%, and the pretax margin is 1.99%.

Brookfield Corporation (BN) Insider Activity

A key investor’s attitude towards the stock of the Asset Management industry is another important factor to consider. The insider ownership of Brookfield Corporation is 16.56%, while institutional ownership is 55.50%.

Brookfield Corporation (BN) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around -4.67% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.32% during the next five years compared to -29.74% drop over the previous five years of trading.

Brookfield Corporation (NYSE: BN) Trading Performance Indicators

Check out the current performance indicators for Brookfield Corporation (BN). In the past quarter, the stock posted a quick ratio of 0.65. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.16.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.28, a number that is poised to hit 0.92 in the next quarter and is forecasted to reach 4.43 in one year’s time.

Technical Analysis of Brookfield Corporation (BN)

Looking closely at Brookfield Corporation (NYSE: BN), its last 5-days average volume was 1.39 million, which is a drop from its year-to-date volume of 2.73 million. As of the previous 9 days, the stock’s Stochastic %D was 34.17%. Additionally, its Average True Range was 1.27.

During the past 100 days, Brookfield Corporation’s (BN) raw stochastic average was set at 74.96%, which indicates a significant increase from 38.68% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 14.85% in the past 14 days, which was lower than the 42.08% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $55.15, while its 200-day Moving Average is $55.42. However, in the short run, Brookfield Corporation’s stock first resistance to watch stands at $58.49. Second resistance stands at $59.00. The third major resistance level sits at $59.46. If the price goes on to break the first support level at $57.52, it is likely to go to the next support level at $57.07. Should the price break the second support level, the third support level stands at $56.56.

Brookfield Corporation (NYSE: BN) Key Stats

There are currently 1,647,988K shares outstanding in the company with a market cap of 95.56 billion. Presently, the company’s annual sales total 86,006 M according to its annual income of 641,000 K. Last quarter, the company’s sales amounted to 17,944 M and its income totaled 73,000 K.

News Daemon
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.