Let’s start up with the current stock price of Brown & Brown Inc. (BRO), which is $45.25 to be very precise. The Stock rose vividly during the last session to $46.39 after opening rate of $46.19 while the lowest price it went was recorded $44.47 before closing at $45.88.
Recently in News on September 2, 2020, Brown & Brown, Inc. Enters Into Agreement to Acquire Vehicle Administrative Services. J. Scott Penny, Chief Acquisitions Officer of Brown & Brown, Inc. (NYSE:BRO), and Bill Breindel, the owner of Vehicle Administrative Services, LP, SafeRide Motor Club, Inc. and related affiliates (collectively, “VAS”), today announced that Brown & Brown, Inc. (Brown & Brown) has entered into an agreement to acquire the VAS affiliated companies. The transaction is expected to close in October 2020, subject to certain closing conditions. You can read further details here
Brown & Brown Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $48.69 on 02/21/20, with the lowest value was $30.70 for the same time period, recorded on 03/23/20.
Brown & Brown Inc. (BRO) full year performance was 22.93%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Brown & Brown Inc. shares are logging -7.07% during the 52-week period from high price, and 47.39% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $30.70 and $48.69.
The company’s shares, operating in the sector of Financial managed to top a trading volume set approximately around 959601 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Brown & Brown Inc. (BRO) recorded performance in the market was 14.61%, having the revenues showcasing 5.13% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 12.98B, as it employees total of 10083 workers.
The Analysts eye on Brown & Brown Inc. (BRO)
During the last month, 0 analysts gave the Brown & Brown Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 41.59, with a change in the price was noted +7.33. In a similar fashion, Brown & Brown Inc. posted a movement of +19.33% for the period of last 100 days, recording 1,199,892 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for BRO is recording 0.45 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.44.
Technical rundown of Brown & Brown Inc. (BRO)
Raw Stochastic average of Brown & Brown Inc. in the period of last 50 days is set at 71.91%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 26.53%. In the last 20 days, the company’s Stochastic %K was 50.57% and its Stochastic %D was recorded 71.41%.
Considering, the past performance of Brown & Brown Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 14.61%. Additionally, trading for the stock in the period of the last six months notably improved by 7.25%, alongside a boost of 22.93% for the period of the last 12 months. The shares increased approximately by -2.08% in the 7-day charts and went down by -0.81% in the period of the last 30 days. Common stock shares were driven by 5.13% during last recorded quarter.