Brookfield Business Partners (TSE:BBU.UN) Share Price Passes Below 50-Day Moving Average - Should You Sell?

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$32.96 and traded as low as C$31.99. Brookfield Business Partners shares last traded at C$32.28, with a volume of 20,962 shares trading hands.

Brookfield Business Partners Stock Up 3.3 %

The company's 50 day moving average price is C$32.78 and its two-hundred day moving average price is C$31.05. 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 stock has a market cap of C$2.48 billion, a P/E ratio of 3.72, a P/E/G ratio of 2.61 and a beta of 1.45.

Brookfield Business Partners Announces Dividend

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 paid a $0.0625 dividend. This represents a $0.25 dividend on an annualized basis and a yield of 0.75%. The ex-dividend date of this dividend is Friday, February 28th. Brookfield Business Partners's dividend payout ratio (DPR) is 3.79%.

About Brookfield Business Partners

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.