Brookfield Asset Management Reinsurance Partners (NYSE:BAMR) Trading Down 1.3% – Time to Sell?

Brookfield Asset Management Reinsurance Partners Ltd. (NYSE:BAMR) shares dropped 1.3% during trading on Friday . The company traded as low as $45.95 and last traded at $45.95. Approximately 11,761 shares were traded during trading, a decline of 44% from the average daily volume of 20,993 shares. The stock had previously closed at $46.57.

Brookfield Asset Management Reinsurance Partners Trading Up 1.6%

The firm has a market cap of $507.79 million, a price-to-earnings ratio of 8.38 and a beta of 1.43. The company has a quick ratio of 0.28, a current ratio of 0.28 and a debt-to-equity ratio of 0.23. The business has a 50 day moving average price of $45.91 and a 200-day moving average price of $57.35.

Brookfield Asset Management Reinsurance Partners Company Profile

Brookfield Asset Management Reinsurance Partners L.P. (NYSE: BAMR) is a publicly traded reinsurance investment vehicle externally managed by Brookfield Asset Management Ltd. Launched in November 2021, the company was formed as a permanent capital platform to provide long-term capital solutions to insurance and reinsurance counterparties. Through its structure as a limited partnership, BAMR offers investors access to reinsurance strategies alongside an experienced underwriting team backed by Brookfield’s global balance sheet.

The firm’s primary activities include investing in retrocession reinsurance, portfolio reinsurance transactions, insurance-linked securities and structured reinsurance solutions tailored to corporate run-off portfolios.