Brookfield Asset Management Reinsurance Partners (NYSE:BAMR) Stock Price Up 0.8% – Time to Buy?

Brookfield Asset Management Reinsurance Partners Ltd. (NYSE:BAMR)’s stock price was up 0.8% during mid-day trading on Monday . The stock traded as high as $47.16 and last traded at $47.03. Approximately 13,017 shares traded hands during mid-day trading, a decline of 38% from the average daily volume of 20,993 shares. The stock had previously closed at $46.67.

Brookfield Asset Management Reinsurance Partners Price Performance

The business has a fifty day moving average of $46.21 and a two-hundred day moving average of $55.74. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.28 and a current ratio of 0.28. The firm has a market capitalization of $511.59 million, a price-to-earnings ratio of 8.44 and a beta of 1.43.

Brookfield Asset Management Reinsurance Partners Company Profile

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.