Berkshire Hathaway Inc 4 Hour Price Update
Updated June 26, 2020 04:37 PM GMT (12:37 PM EST)
BRK.B traders saw its share price decline -1.55% ($-2.78) over the past four hours of trading. For context, Berkshire Hathaway Inc’s peers in the in the Insurance industry are down -3.05% on average in this time, while its counterparts in the broader Financial Services sector are down by an average of -4.33%.
Berkshire Hathaway Inc Daily Price Recap
178.85 was the closing price of the day for Berkshire Hathaway Inc, resulting in today being one in which price moved up 0.74% ($1.32) from yesterday. This move happened on lower volume, as yesterday’s volume was down 21.05% from the day before — and down 32.17% from the same day the week before. Let’s take a look at the daily price chart of Berkshire Hathaway Inc.
Berkshire Hathaway Inc Technical Analysis
The first thing we should note is that Berkshire Hathaway Inc is now close to its 50 day averages, located at 182.28 respectively, and thus may be at a key juncture along those timeframes. Trend traders will want to observe that the strongest trend appears on the 14 day horizon; over that time period, price has been moving down. For additional context, note that price has gone up 17 out of the past 30 days.
Overheard Around the Web
Here’s what one trader on StockTwits recently had to say in regards to BRK.B:
$BRK.B for this $450 billion market cap, you are getting a $200 billion equity portfolio including 5% of $AAPL, nearing $150 billion in cash, and a vast array of wholly owned businesses.
BNSF is worth over $100 billion alone if valued like other railroads on a multiple basis, and Berkshire Energy nearly that much. Therefore the value you are getting is incomparable in the market at present. I hope it keeps going down so I can invest more in the coming months!