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Brookfield Business Partners (TSE:BBU.UN) Shares Pass Below Fifty Day Moving Average - Here's What Happened

Brookfield Business Partners logo with Industrials background
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Brookfield Business Partners LP (TSE:BBU.UN - Get Free Report) passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$33.03 and traded as low as C$32.01. Brookfield Business Partners shares last traded at C$33.00, with a volume of 28,108 shares traded.

Brookfield Business Partners Stock Down 1.0 %

The company has a debt-to-equity ratio of 241.05, a quick ratio of 0.65 and a current ratio of 1.00. The firm's 50-day moving average is C$33.13 and its 200 day moving average is C$32.43. The firm has a market capitalization of C$2.47 billion, a PE ratio of 3.70, a price-to-earnings-growth ratio of 2.61 and a beta of 1.45.

Brookfield Business Partners Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 31st will be given a $0.0625 dividend. The ex-dividend date is Friday, February 28th. This represents a $0.25 annualized dividend and a dividend yield of 0.75%. Brookfield Business Partners's dividend payout ratio is presently 3.79%.

Brookfield Business Partners Company Profile

(Get Free Report)

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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