Brookfield Business Partners (TSE:BBU.UN) Stock Price Crosses Below 50 Day Moving Average of $25.45

Brookfield Business Partners LP (TSE:BBU.UNGet Rating) passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$25.45 and traded as low as C$22.22. Brookfield Business Partners shares last traded at C$22.53, with a volume of 131,411 shares changing hands.

Brookfield Business Partners Price Performance

The company has a current ratio of 1.08, a quick ratio of 0.65 and a debt-to-equity ratio of 274.08. The firm has a market cap of C$1.68 billion, a P/E ratio of 23.23, a PEG ratio of 2.61 and a beta of 1.34. The firm has a 50-day simple moving average of C$25.45 and a 200-day simple moving average of C$26.31.

Brookfield Business Partners Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 31st. Shareholders of record on Friday, March 31st will be given a dividend of $0.0625 per share. The ex-dividend date of this dividend is Monday, February 27th. This represents a $0.25 annualized dividend and a yield of 1.11%. Brookfield Business Partners’s dividend payout ratio (DPR) is presently 35.05%.

Brookfield Business Partners Company Profile

(Get Rating)

Brookfield Business Partners L.P. is a private equity firm specializes in acquisition. The firm typically invests in business services, construction, energy, and industrials sector. It prefers to take majority stake in companies. The firm seeks returns of at least 15% on its investments. Brookfield Business Partners L.P.

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