Berkshire Hathaway Stock Hits New 52-Week High (BRK.A) - TheStreet

NEW YORK (

TheStreet

) --

Berkshire Hathaway

(NYSE:

BRK.A

) hit a new 52-week high Friday as it is currently trading at $124591, above its previous 52-week high of $124564 with 298 shares traded as of 11:43 a.m. ET. Average volume has been 600 shares over the past 30 days.

Berkshire Hathaway has a market cap of $114.47 billion and is part of the

financial

sector and

insurance

industry. Shares are up 7.1% year to date as of the close of trading on Thursday.

Berkshire Hathaway, Inc. is a publicly owned investment manager. Through its subsidiaries, the firm primarily engages in the insurance and reinsurance of property and casualty risks business. Berkshire Hathaway was founded in 1889 and is based in Omaha, Nebraska. The company has a P/E ratio of 465.7, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Berkshire Hathaway as a

hold

. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including premium valuation and poor profit margins. You can view the full

Berkshire Hathaway Ratings Report

.

See all

52-week high stocks

or get investment ideas from our

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.

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