Brookfield Asset Management Ltd (NYSE: BAM) kicked off on Tuesday, down -1.53% from the previous trading day, before settling in for the closing price of $54.83. Over the past 52 weeks, BAM has traded in a range of $37.30-$62.61.
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While this was happening, its average annual earnings per share was recorded 13.43%. With a float of $353.12 million, this company’s outstanding shares have now reached $1.61 billion.
Let’s look at the performance matrix of the company that is accounted for 2500 employees. In terms of profitability, gross margin is 60.27%, operating margin of 54.57%, and the pretax margin is 65.32%.
Brookfield Asset Management Ltd (BAM) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Asset Management Industry. The insider ownership of Brookfield Asset Management Ltd is 78.10%, while institutional ownership is 17.55%.
Brookfield Asset Management Ltd (BAM) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.41 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 13.43% per share during the next fiscal year.
Brookfield Asset Management Ltd (NYSE: BAM) Trading Performance Indicators
Take a look at Brookfield Asset Management Ltd’s (BAM) current performance indicators. Last quarter, stock had a quick ratio of 1.21. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 61.35. Likewise, its price to free cash flow for the trailing twelve months is 108.79.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.40, a number that is poised to hit 0.40 in the next quarter and is forecasted to reach 1.91 in one year’s time.
Technical Analysis of Brookfield Asset Management Ltd (BAM)
Brookfield Asset Management Ltd (NYSE: BAM) saw its 5-day average volume 1.43 million, a negative change from its year-to-date volume of 2.0 million. As of the previous 9 days, the stock’s Stochastic %D was 7.24%. Additionally, its Average True Range was 1.33.
During the past 100 days, Brookfield Asset Management Ltd’s (BAM) raw stochastic average was set at 58.62%, which indicates a significant increase from 7.86% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.94% in the past 14 days, which was lower than the 40.18% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $53.95, while its 200-day Moving Average is $52.97. Nevertheless, the first resistance level for the watch stands at $54.71 in the near term. At $55.42, the stock is likely to face the second major resistance level. The third major resistance level sits at $55.94. If the price goes on to break the first support level at $53.47, it is likely to go to the next support level at $52.95. Assuming the price breaks the second support level, the third support level stands at $52.24.
Brookfield Asset Management Ltd (NYSE: BAM) Key Stats
The company with the Market Capitalisation of 87.06 billion has total of 1,612,543K Shares Outstanding. Its annual sales at the moment are 482,000 K in contrast with the sum of 541,000 K annual income. Company’s last quarter sales were recorded 1,081 M and last quarter income was 581,000 K.
