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End of Day Alert: Berkshire Hathaway Class B hits 52-week high third time in one month 20 September 2018 17:53 EDT

NEWS BITES - NORTH AMERICA

Berkshire Hathaway Class B, NYSE's largest insurance company by market capitalisation, hit a 52-week high of $US223.0 today for the third time in the past one month and last traded at $US221.68. This brought its three-day rise to $US5.39 or 2.5%. Trading volume was 1.1 times average at the end of the day. Compared with the S&P 500 Index which rose 22.8 points (or 0.8%) in the day, this represented a relative price change of -0.4%.

Technical indicators complementing today's significant uptrend:

+ The positive 3.9 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

+ The price lifted 3.2% in the last week and jumped 6.3% in the last month.

Fundamental measures by comparison with the sector average [in brackets] indicate:

Undervaluation:

+ Return on Equity 12.9% [10.2%]

+ Return on Assets 6.5% [2.3%]

Other Bullish Signals include:

+ The company is cash rich with Cash to Market Capitalisation at 38.3%.

+ Tobin's Q Ratio is 0.4. Compared with the rest of the market the stock is undervalued and ranks in the top quartile of stock by value of Q Ratio.

+ Net profit margin has averaged 13.7% in the last 3 years. This is better than the sector average of 11.3% and suggests a high margin of safety.

+ As per the Du Pont analysis, Return on Equity of 12.9% is better than sector average of 10.2%.

Note

The stock has outperformed 59% of the NYSE market over the past 6 months.

Overbought/Bearish:

The 0.6% discount to 12-month high of $US223.0 against the 22.9% premium to 12-month low of $US180.44 suggests the climb might be peaking.

Fundamental measures by comparison with the sector average [in brackets] indicate:

Overvaluation:

Price/Earnings of 12.2 [9.8]

Price/Earnings/Growth of 0.22 [0.2]

RECENT ALERTS

End of Day Alert: Berkshire Hathaway Class B up 2.2% in 2 days

19 September 2018 17:54 EDT

Berkshire Hathaway Class B, NYSE's largest insurance company by market capitalisation, extended its gains on Wednesday, rising an additional $US2.65 (or 1.2%) to trade at $US220.95. Trading volume was 91% of average at the end of the day. The shares have risen $US4.66 (or 2.2%) over the past two trading days vs. the S&P 500 Index which has risen 0.7% in the same period.

Afternoon Alert: Berkshire Hathaway Class B increases 0.9%, leads Insurance sector higher

19 September 2018 12:39 EDT

Berkshire Hathaway Inc. (NYSE:BRK.B) has increased 0.9% to trade at $US220.19 vs. the Insurance sector which strengthened 182.0 points (or 6.9%) to 2,835.7. Representing a weighting of about 27.8% of the sector, the stock accounted for 3.5% of today's gain. The shares have outperformed 80% of the market in the past month. Trading volume was 1.4 times average so far today.

Berkshire Hathaway Inc. (N:BRK.B)

ISIN: US0846707026

CIK: 1067983

CUSIP: 84670702

Source: www.BuySellSignals.com