Brookfield Asset Management Reinsurance Partners (NYSE:BAMR) Trading Down 1% – Time to Sell?

Brookfield Asset Management Reinsurance Partners Ltd. (NYSE:BAMR) traded down 1% on Friday . The company traded as low as $41.41 and last traded at $41.49. 9,888 shares traded hands during mid-day trading, a decline of 53% from the average session volume of 20,993 shares. The stock had previously closed at $41.91.

Brookfield Asset Management Reinsurance Partners Stock Performance

The company has a 50-day moving average of $43.30 and a 200-day moving average of $44.09. The firm has a market capitalization of $451.33 million, a price-to-earnings ratio of 7.45 and a beta of 1.43. The company has a current ratio of 0.28, a quick ratio of 0.28 and a debt-to-equity ratio of 0.23.

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.