Brookfield Business Partners LP (TSE:BBU.UN - Get Free Report)'s share price was down 2.3% on Wednesday . The company traded as low as C$33.55 and last traded at C$33.80. Approximately 19,725 shares changed hands during trading, a decline of 58% from the average daily volume of 46,967 shares. The stock had previously closed at C$34.59.
Brookfield Business Partners Stock Performance
The company has a current ratio of 1.00, a quick ratio of 0.65 and a debt-to-equity ratio of 241.05. The company's 50-day simple moving average is C$34.76 and its 200-day simple moving average is C$33.19. The stock has a market capitalization of C$2.46 billion, a price-to-earnings ratio of 3.70, a PEG ratio of 2.61 and a beta of 1.45.
Brookfield Business Partners Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Monday, June 30th were paid a dividend of $0.0625 per share. The ex-dividend date of this dividend was Friday, May 30th. This represents a $0.25 annualized dividend and a yield of 0.8%. Brookfield Business Partners's dividend payout ratio is currently 3.79%.
Insider Transactions at Brookfield Business Partners
In other news, Director Anne Ruth Herkes bought 604 shares of the stock in a transaction dated Thursday, June 26th. The stock was bought at an average price of C$41.50 per share, for a total transaction of C$25,064.20. 3.96% of the stock is currently owned by corporate insiders.
About Brookfield Business Partners
(
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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.
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