Brookfield Asset Management Reinsurance Partners (NYSE:BAMR) Stock Price Down 1% – Time to Sell?

Brookfield Asset Management Reinsurance Partners Ltd. (NYSE:BAMR) was down 1% during trading on Friday . The company traded as low as $41.41 and last traded at $41.49. 9,888 shares were traded during trading, a decline of 53% from the average daily volume of 20,993 shares. The stock had previously closed at $41.91.

Brookfield Asset Management Reinsurance Partners Stock Performance

The stock has a market cap of $450.02 million, a P/E ratio of 7.43 and a beta of 1.43. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.28 and a quick ratio of 0.28. The company has a fifty day moving average of $43.30 and a 200 day moving average of $44.09.

About Brookfield Asset Management Reinsurance Partners

Brookfield Asset Management Reinsurance Partners L.P. (NYSE: BAMR) is a publicly traded reinsurance investment vehicle externally managed by Brookfield Asset Management Ltd. Launched in November 2021, the company was formed as a permanent capital platform to provide long-term capital solutions to insurance and reinsurance counterparties. Through its structure as a limited partnership, BAMR offers investors access to reinsurance strategies alongside an experienced underwriting team backed by Brookfield’s global balance sheet.

The firm’s primary activities include investing in retrocession reinsurance, portfolio reinsurance transactions, insurance-linked securities and structured reinsurance solutions tailored to corporate run-off portfolios.