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

Brookfield Business Partners LP (TSE:BBU.UN) shares crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$45.00 and traded as low as C$44.01. Brookfield Business Partners shares last traded at C$45.49, with a volume of 71,450 shares changing hands.

Brookfield Business Partners Stock Up 1.3%

The company has a market cap of C$4.03 billion, a P/E ratio of -155.15, a P/E/G ratio of 2.61 and a beta of 1.59. 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 company’s 50-day moving average is C$45.00 and its two-hundred day moving average is C$46.88.

Brookfield Business Partners Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 31st were given a $0.0625 dividend. This represents a $0.25 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend was Monday, March 23rd. Brookfield Business Partners’s payout ratio is -85.27%.

Brookfield Business Partners Company Profile

Brookfield Business Partners LP is a business services and industrials company. It focused on operating businesses that are either low-cost producers and benefit from high barriers to entry. The company’s operating segment includes Business services; Infrastructure services; Industrials and Corporate and others. It generates maximum revenue from the Business Services segment. Geographically, it derives a majority of revenue from the United Kingdom and also has a presence in the United States of America; Europe; Australia; Canada; Brazil; Mexico and Other Countries.