Brookfield Asset Management Ltd (NYSE: BAM) kicked off on Friday, down -1.19% from the previous trading day, before settling in for the closing price of $61.49. Over the past 52 weeks, BAM has traded in a range of $38.18-$62.61.
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While this was happening, its average annual earnings per share was recorded 11.84%. With a float of $353.12 million, this company’s outstanding shares have now reached $1.61 billion.
The extent of productivity of a business whose workforce counts for 2500 workers is very important to gauge. 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 and Institutional Ownership
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 17.58%.
Brookfield Asset Management Ltd (BAM) Latest Financial update
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 11.84% 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 69.05. Likewise, its price to free cash flow for the trailing twelve months is 122.44.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.40, a number that is poised to hit 0.39 in the next quarter and is forecasted to reach 1.89 in one year’s time.
Technical Analysis of Brookfield Asset Management Ltd (BAM)
The latest stats from [Brookfield Asset Management Ltd, BAM] show that its last 5-days average volume of 2.05 million was inferior to 2.14 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 91.96%.
During the past 100 days, Brookfield Asset Management Ltd’s (BAM) raw stochastic average was set at 93.64%, which indicates a significant increase from 83.55% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 1.38 in the past 14 days, which was lower than the 1.58 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $56.55, while its 200-day Moving Average is $54.22. Now, the first resistance to watch is $61.63. This is followed by the second major resistance level at $62.50. The third major resistance level sits at $62.94. If the price goes on to break the first support level at $60.31, it is likely to go to the next support level at $59.87. The third support level lies at $59.00 if the price breaches the second support level.
Brookfield Asset Management Ltd (NYSE: BAM) Key Stats
The company with the Market Capitalisation of 97.98 billion has total of 1,637,478K 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.
