Brookfield Business Partners LP (TSE:BBU.UN - Get Free Report)'s share price crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$32.93 and traded as low as C$28.09. Brookfield Business Partners shares last traded at C$28.32, with a volume of 29,077 shares traded.
Brookfield Business Partners Price Performance
The company has a fifty day moving average of C$32.56 and a 200-day moving average of C$32.80. The firm has a market cap of C$2.23 billion, a P/E ratio of 3.34, a P/E/G ratio of 2.61 and a beta of 1.45. The company has a debt-to-equity ratio of 241.05, a current ratio of 1.00 and a quick ratio of 0.65.
Brookfield Business Partners Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 31st were issued a dividend of $0.0625 per share. The ex-dividend date was Friday, February 28th. This represents a $0.25 annualized dividend and a yield of 0.83%. Brookfield Business Partners's dividend payout ratio (DPR) is currently 3.79%.
Insider Buying and Selling
In other Brookfield Business Partners news, Director Anne Ruth Herkes bought 646 shares of the firm's stock in a transaction dated Wednesday, March 26th. The stock was purchased at an average cost of C$40.01 per share, with a total value of C$25,849.30. 3.96% of the stock is currently owned by corporate insiders.
About Brookfield Business Partners
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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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