Brookfield Business Partners (TSE:BBU.UN) Trading Down 1.3% – Should You Sell?

Brookfield Business Partners LP (TSE:BBU.UN)’s share price fell 1.3% during mid-day trading on Friday . The stock traded as low as C$45.11 and last traded at C$45.89. 52,570 shares changed hands during trading, an increase of 60% from the average session volume of 32,889 shares. The stock had previously closed at C$46.49.

Brookfield Business Partners Stock Performance

The company’s fifty day simple moving average is C$45.63 and its 200 day simple moving average is C$47.24. 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 capitalization of C$4.07 billion, a price-to-earnings ratio of -156.51, a P/E/G ratio of 2.61 and a beta of 1.59.

Brookfield Business Partners Dividend Announcement

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