Brookfield Business Partners (TSE:BBU.UN) Stock Price Passes Below 200-Day Moving Average - Time to Sell?

Key Points

• Brookfield Business Partners' stock crossed below its 200-day moving average intraday, trading as low as C$45.26 versus a 200-day MA of C$46.78, though shares were last quoted at C$48.00 on volume of 104,051.
• Underlying fundamentals look strained: market cap ~C$4.26B, negative earnings (P/E -163.71), very high leverage (debt-to-equity 241.05) and weak liquidity (quick ratio 0.65), while the quarterly dividend yields about 0.5% and shows a negative payout ratio.

Brookfield Business Partners LP (TSE:BBU.UN - )'s stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$46.78 and traded as low as C$45.26. Brookfield Business Partners shares last traded at C$48.00, with a volume of 104,051 shares changing hands.

Brookfield Business Partners Stock Up 3.6%

The firm has a market cap of C$4.26 billion, a price-to-earnings ratio of -163.71, a PEG ratio of 2.61 and a beta of 1.59. The business's 50 day moving average price is C$46.08 and its 200 day moving average price is C$46.78. The company has a debt-to-equity ratio of 241.05, a quick ratio of 0.65 and a current ratio of 1.00.

Brookfield Business Partners Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Tuesday, March 31st were issued a dividend of $0.0625 per share. The ex-dividend date of this dividend was Monday, March 23rd. This represents a $0.25 dividend on an annualized basis and a yield of 0.5%. Brookfield Business Partners's dividend 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.

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