Brookfield (TSE:BN) Stock Price Up 1.6% – Still a Buy?

Brookfield Co. (TSE:BN)’s share price traded up 1.6% on Tuesday . The stock traded as high as C$54.82 and last traded at C$54.48. 2,606,424 shares traded hands during mid-day trading, a decline of 17% from the average session volume of 3,138,843 shares. The stock had previously closed at C$53.60.

Brookfield Stock Up 1.6%

The firm’s 50-day simple moving average is C$61.93 and its 200-day simple moving average is C$69.43. The firm has a market capitalization of C$122.29 billion, a PE ratio of 111.18 and a beta of 1.56.

Brookfield (TSE:BN) last released its quarterly earnings data on Thursday, February 12th. The company reported C$0.86 EPS for the quarter. The firm had revenue of C$27.67 billion for the quarter. Brookfield had a return on equity of 2.83% and a net margin of 1.73%. On average, equities research analysts forecast that Brookfield Co. will post 6.4136752 earnings per share for the current year.

About Brookfield

Brookfield Corp, formerly Brookfield Asset Management Inc owns and manages the commercial property, power, and infrastructure assets. Its investment focus includes Real Estate, Infrastructure, Renewable Power and Private Equity. Real Estate is made up of office and retail properties; Renewable power is made up of hydroelectric, wind, solar, and storage generating facilities; Infrastructure is made up of utilities, transport, energy, data infrastructure, and sustainable resource assets; and Private Equity is focused on business services, infrastructure services, and industrial operations.