Brookfield Property Partners (TSE:BPY.UN) Stock Price Passes Below Fifty Day Moving Average of $23.29

Brookfield Property Partners LP (TSE:BPY.UNGet Rating) (NYSE:BPY) shares passed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of C$23.29 and traded as low as C$23.07. Brookfield Property Partners shares last traded at C$23.29, with a volume of 15,607,584 shares trading hands.

Brookfield Property Partners Stock Performance

The company has a market capitalization of C$21.73 billion and a price-to-earnings ratio of -11.24. The business’s 50-day simple moving average is C$23.29. The company has a quick ratio of 0.11, a current ratio of 0.18 and a debt-to-equity ratio of 141.43.

Insider Buying and Selling at Brookfield Property Partners

In other Brookfield Property Partners news, Director Bryan Kenneth Davis purchased 8,500 shares of the stock in a transaction on Wednesday, August 31st. The shares were purchased at an average cost of C$23.27 per share, for a total transaction of C$197,808.60. Following the purchase, the director now owns 41,000 shares of the company’s stock, valued at C$954,135.60.

About Brookfield Property Partners

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Brookfield Property Partners, through Brookfield Property Partners L.P. and its subsidiary Brookfield Property REIT Inc, is one of the world's premier commercial real estate companies, with approximately $87 billion in total assets. We are leading owners, operators and investors in commercial real estate, with a diversified portfolio of premier office and retail assets, as well as interests in multifamily, triple net lease, industrial, hospitality, self-storage, student housing and manufactured housing assets.

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