Brookfield (TSE:BN) Shares Up 3.8% – Should You Buy?

Brookfield Co. (TSE:BN)’s share price was up 3.8% during mid-day trading on Thursday . The stock traded as high as C$61.40 and last traded at C$61.35. Approximately 3,033,869 shares were traded during mid-day trading, a decline of 0% from the average daily volume of 3,036,576 shares. The stock had previously closed at C$59.10.

Brookfield Stock Up 0.2%

The company has a 50 day moving average price of C$58.30 and a 200-day moving average price of C$61.96. The company has a market cap of C$137.54 billion, a price-to-earnings ratio of 125.47 and a beta of 1.47.

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