Brookfield Reinsurance (NYSE:BNRE) Shares Down 1.3% - What's Next?

Brookfield Reinsurance Ltd. (NYSE:BNRE - Get Free Report)'s share price was down 1.3% during mid-day trading on Wednesday . The stock traded as low as $44.8120 and last traded at $44.94. Approximately 18,065 shares were traded during mid-day trading, an increase of 183% from the average daily volume of 6,394 shares. The stock had previously closed at $45.51.Get Brookfield Reinsurance alerts:Brookfield Reinsurance Stock PerformanceThe business's 50-day moving average is $43.58 and its 200-day moving average is $45.25. The company has a market capitalization of $6.54 billion, a PE ratio of 154.97 and a beta of 1.53. Brookfield Reinsurance Company Profile (Get Free Report)Brookfield Reinsurance NYSE: BNRE is a Bermuda-domiciled reinsurer sponsored by Brookfield Asset Management. The company provides a range of risk transfer solutions, including property catastrophe, casualty, specialty lines and retrocession coverage. By combining underwriting expertise with diversified capital markets strategies, Brookfield Reinsurance aims to meet the needs of primary insurers, reinsurers and other institutional clients seeking tailored reinsurance capacity. In its underwriting operations, Brookfield Reinsurance focuses on structuring programs across regions and perils, deploying both traditional reinsurance treaties and facultative placements.See AlsoFive stocks we like better than Brookfield ReinsuranceThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Brookfield Reinsurance Right Now?Before you consider Brookfield Reinsurance, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Brookfield Reinsurance wasn't on the list.While Brookfield Reinsurance currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here