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

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- Berkshire Hathaway (NYSE: BRK.A) hit a new 52-week high Thursday as it is currently trading at $134948, above its previous 52-week high of $134892 with 85 shares traded as of 10:04 a.m. ET. Average volume has been 500 shares over the past 30 days.

Berkshire Hathaway has a market cap of $123.61 billion and is part of the financial sector and insurance industry. Shares are up 16.1% year to date as of the close of trading on Wednesday.

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 1825, 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, largely solid financial position with reasonable debt levels by most measures and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, premium valuation and weak operating cash flow. You can view the full Berkshire Hathaway Ratings Report.

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