Brookfield Business Partners (TSE:BBU.UN) Shares Pass Below Fifty Day Moving Average - Time to Sell?

Brookfield Business Partners LP (TSE:BBU.UN - Get Free Report) shares passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$33.27 and traded as low as C$30.86. Brookfield Business Partners shares last traded at C$30.90, with a volume of 16,181 shares traded.

Brookfield Business Partners Stock Up 1.2 %

The company has a debt-to-equity ratio of 241.05, a current ratio of 1.00 and a quick ratio of 0.65. The stock has a market capitalization of C$2.32 billion, a P/E ratio of 3.49, a PEG ratio of 2.61 and a beta of 1.45. The stock's fifty day moving average is C$33.27 and its two-hundred day moving average is C$30.73.

Brookfield Business Partners Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 31st were given a dividend of $0.0625 per share. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.80%. The ex-dividend date was Friday, November 29th. Brookfield Business Partners's dividend payout ratio (DPR) is presently 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.