Berkshire Hathaway Inc. (TSE:BRK – Get Free Report)’s stock price hit a new 52-week high on Thursday . The stock traded as high as C$38.04 and last traded at C$38.00, with a volume of 105309 shares trading hands. The stock had previously closed at C$37.58.
Berkshire Hathaway Stock Up 1.1%
The stock has a market capitalization of C$1.49 trillion, a PE ratio of 20.51 and a beta of 0.62. The firm’s fifty day moving average is C$35.89 and its 200-day moving average is C$35.59.
About Berkshire Hathaway
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).
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