Berkshire Hathaway (TSE:BRK) Hits New 12-Month High – Still a Buy?

Berkshire Hathaway Inc. (TSE:BRK – Get Free Report) shares reached a new 52-week high during mid-day trading on Friday. The stock traded as high as C$39.69 and last traded at C$39.45, with a volume of 26,004 shares trading hands. The stock had previously closed at C$39.13.

Berkshire Hathaway Price Performance

The company’s 50 day moving average price is C$37.18 and its two-hundred day moving average price is C$36.07. The stock has a market capitalization of C$1.53 trillion, a PE ratio of 17.92 and a beta of 0.63.

Berkshire Hathaway Company Profile

(Get Free Report)

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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