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 fifty day moving average during trading on Tuesday . The stock has a fifty 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.

Brookfield Business Partners Stock Up 1.3%

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 company’s fifty day simple moving average is C$45.00 and its 200 day simple moving average is C$46.88. The firm has a market capitalization of C$4.03 billion, a PE ratio of -155.15, a price-to-earnings-growth ratio of 2.61 and a beta of 1.59.

Brookfield Business Partners Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 31st were issued a dividend of $0.0625 per share. This represents a $0.25 annualized dividend and a dividend yield of 0.5%. The ex-dividend date was Monday, March 23rd. Brookfield Business Partners’s dividend payout ratio (DPR) is presently -85.27%.

About Brookfield Business Partners

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.