NEW YORK (

TheStreet

) --

Berkshire Hathaway

(NYSE:

BRK.B

) hit a new 52-week high Monday as it traded at $86.46 compared with its previous 52-Week high of $85.86. Berkshire Hathaway is changing hands at $86.21 with 327,527 shares traded as of 9:30 a.m. ET. Average volume has been 3.9 million shares over the past 30 days.

Berkshire Hathaway has a market cap of $86.5 billion and is part of the

financial

sector and

insurance

industry. Shares are up 5.9% year to date as of the close of trading on Friday.

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 17.3, above the average insurance industry P/E ratio of 16.4 and below the S&P 500 P/E ratio of 22.6.

TheStreet Ratings rates Berkshire Hathaway as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, attractive valuation levels, good cash flow from operations, notable return on equity and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full

Berkshire Hathaway Ratings Report

.

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