Brookfield Business Partners (TSE:BBU.UN) Shares Pass Below 50-Day Moving Average – Should You Sell?

Brookfield Business Partners LP (TSE:BBU.UN) shares crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$33.87 and traded as low as C$31.13. Brookfield Business Partners shares last traded at C$31.40, with a volume of 11,193 shares changing hands.

Brookfield Business Partners Price Performance

The company has a quick ratio of 0.65, a current ratio of 1.00 and a debt-to-equity ratio of 241.05. The firm’s fifty day moving average price is C$33.83 and its 200 day moving average price is C$30.37. The stock has a market cap of C$2.32 billion, a PE ratio of 3.49, a P/E/G ratio of 2.61 and a beta of 1.45.

Brookfield Business Partners Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Tuesday, December 31st were given a $0.0625 dividend. The ex-dividend date of this dividend was Friday, November 29th. This represents a $0.25 annualized dividend and a yield of 0.80%. Brookfield Business Partners’s dividend payout ratio is currently 3.79%.

Brookfield Business Partners Company Profile

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.