Among the biggest risers on the S&P 500 on Thursday January 28 was Berkshire Hathaway Inc. ($BRK.B), popping some 1.58% to a price of $230.95 a share with
some 5.89 million shares trading hands.
Starting the day trading at $229.76, Berkshire Hathaway Inc. reached an intraday high of $233.51 and hit intraday lows of $228.16. Shares gained $3.59 apiece by day’s end. Over the last 90
days, the stock’s average daily volume has been n/a of its 2.34 billion share total float. Today’s action puts the stock’s 50-day SMA at $n/a and 200-day
SMA at $n/a with a 52-week range of $159.50 to $236.25.
Berkshire Hathaway is a holding company with a wide array of subsidiaries engaged in diverse activities. The firm’s core business segment is insurance, run primarily through Geico, Berkshire Hathaway Reinsurance Group and Berkshire Hathaway Primary Group. Berkshire has used the excess cash thrown off from these and its other operations over the years to acquire Burlington Northern Santa Fe (railroad), Berkshire Hathaway Energy (utilities and energy distributors), and the firms that make up its manufacturing, service, and retailing operations (which include five of Berkshire’s largest noninsurance pretax earnings generators: Precision Castparts, Lubrizol, Clayton Homes, Marmon and IMC/ISCAR). The conglomerate is unique in that it is run on a completely decentralized basis.
Berkshire Hathaway Inc. has its corporate headquarters located in Omaha, NE and employs 391,500 people. Its market cap has now risen to $541.51 billion after today’s trading, its P/E
ratio is now n/a, its P/S n/a, P/B 1.3, and P/FCF n/a.
You can find a complete fundamental analysis of this stock at our For a complete fundamental analysis analysis of Berkshire Hathaway Inc., check out Stock Valuation Analysis tool for BRK.B.
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The Dow Jones Industrial Average (DJIA) is the most visible stock index in the United States, but that doesn’t make it the best. In fact, the industry standard for market watchers and institutional
investors in gauging portfolio performance is the S&P 500.
The DJIA relies on just 30 stocks as a sample of large- and mega-cap firms, dwarfed by the 500 contained in the S&P 500, and it also weights its returns using an outdated and flawed price-weighting
method. The S&P 500’s weighting is based on market cap, making it a much better representation of actual market performance for large- and mega-cap stocks.
To get more information on Berkshire Hathaway Inc. and to follow the company’s latest updates, you can visit the company’s profile page here:
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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