Berkshire Hathaway (TSE:BRK) Hits New 1-Year High – Here’s What Happened

Shares of Berkshire Hathaway Inc. (TSE:BRK) reached a new 52-week high during trading on Thursday . The company traded as high as C$38.04 and last traded at C$38.00, with a volume of 105309 shares. The stock had previously closed at C$37.58.

Berkshire Hathaway Price Performance

The company has a market capitalization of C$1.49 trillion, a price-to-earnings ratio of 20.51 and a beta of 0.62. The firm’s 50-day simple moving average is C$35.89 and its two-hundred day simple moving average is C$35.59.

Berkshire Hathaway Company Profile

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).