Berkshire Hathaway (NYSE:BRK.A) Stock Price Crosses Above 200 Day Moving Average of $309,089.20

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Shares of Berkshire Hathaway Inc. (NYSE:BRK.A) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $309,089.20 and traded as high as $316,865.00. Berkshire Hathaway shares last traded at $315,660.00, with a volume of 17 shares trading hands.

Several research firms have recently weighed in on BRK.A. ValuEngine cut Berkshire Hathaway from a “buy” rating to a “hold” rating in a research report on Thursday, August 1st. UBS Group set a $367,000.00 price objective on Berkshire Hathaway and gave the company a “buy” rating in a research report on Wednesday, July 31st.

The company has a market capitalization of $516.76 billion, a price-to-earnings ratio of 20.87 and a beta of 0.84. The stock has a 50 day moving average price of $304,783.50 and a two-hundred day moving average price of $309,089.20.

Berkshire Hathaway (NYSE:BRK.A) last announced its quarterly earnings data on Saturday, August 3rd. The financial services provider reported $3,755.29 EPS for the quarter. Berkshire Hathaway had a return on equity of 6.52% and a net margin of 11.49%. The firm had revenue of $63.60 billion during the quarter.

Berkshire Hathaway Company Profile (NYSE:BRK.A)

Berkshire Hathaway Inc, through its subsidiaries engages in insurance, freight rail transportation, and utility businesses. It provides property and casualty insurance and reinsurance, as well as life, accident, and health reinsurance; and operates railroad systems in North America. The company also generates, transmits, stores, and distributes electricity from natural gas, coal, wind, solar, hydro, nuclear, and geothermal sources; operates natural gas distribution and storage facilities, interstate pipelines, and compressor and meter stations; and holds interest in coal mining assets.

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