In the past week, BN stock has gone up by 0.52%, with a monthly decline of -0.16% and a quarterly plunge of -8.41%. The volatility ratio for the week is 2.34%, and the volatility levels for the last 30 days are 2.73% for Brookfield Corporation The simple moving average for the past 20 days is -0.81% for BN’s stock, with a -10.45% simple moving average for the past 200 days.
Is It Worth Investing in Brookfield Corporation (NYSE: BN) Right Now?
Brookfield Corporation (NYSE: BN) has a price-to-earnings ratio of 75.41x that is above its average ratio. Additionally, the 36-month beta value for BN is 1.42. There are mixed opinions on the stock, with 9 analysts rating it as a “buy,” 1 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”
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The average price predicted by analysts for BN is $47.57, which is $17.38 above the current price. The public float for BN is 1.38B and currently, short sellers hold a 1.09% ratio of that float. The average trading volume of BN on May 26, 2023 was 2.70M shares.
BN) stock’s latest price update
The stock price of Brookfield Corporation (NYSE: BN) has surged by 0.98 when compared to previous closing price of 30.62, but the company has seen a 0.52% gain in its stock price over the last five trading sessions.
BN Trading at -1.06% from the 50-Day Moving Average
After a stumble in the market that brought BN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -29.81% of loss for the given period.
Volatility was left at 2.73%, however, over the last 30 days, the volatility rate increased by 2.34%, as shares sank -3.31% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.40% upper at present.
During the last 5 trading sessions, BN rose by +0.52%, which changed the moving average for the period of 200-days by -38.41% in comparison to the 20-day moving average, which settled at $31.12. In addition, Brookfield Corporation saw -1.72% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at BN starting from Brookfield Multi-Strategy Mast, who sale 50,256 shares at the price of $11.94 back on Mar 29. After this action, Brookfield Multi-Strategy Mast now owns 21,054,667 shares of Brookfield Corporation, valued at $599,805 using the latest closing price.
Brookfield Multi-Strategy Mast, the Director of Brookfield Corporation, sale 24,744 shares at $11.96 during a trade that took place back on Mar 28, which means that Brookfield Multi-Strategy Mast is holding 21,104,923 shares at $295,988 based on the most recent closing price.
Stock Fundamentals for BN
Current profitability levels for the company are sitting at:
- +14.97 for the present operating margin
- +31.27 for the gross margin
The net margin for Brookfield Corporation stands at +2.18. The total capital return value is set at 4.05, while invested capital returns managed to touch 0.88. Equity return is now at value 1.60, with 0.20 for asset returns.
Based on Brookfield Corporation (BN), the company’s capital structure generated 490.01 points at debt to equity in total, while total debt to capital is 83.05. Total debt to assets is 51.39, with long-term debt to equity ratio resting at 541.29. Finally, the long-term debt to capital ratio is 83.05.
When we switch over and look at the enterprise to sales, we see a ratio of 2.72, with the company’s debt to enterprise value settled at 0.61. The receivables turnover for the company is 4.45 and the total asset turnover is 0.23.
Conclusion
In conclusion, Brookfield Corporation (BN) has seen bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
