Brookfield Business Partners (TSE:BBU.UN) Reaches New 12-Month High at $55.20
Brookfield Business Partners LP (TSE:BBU.UN) reached a new 52-week high during mid-day trading on Friday . The stock traded as high as C$55.20 and last traded at C$54.92, with a volume of 85170 shares traded. The stock had previously closed at C$53.58.
The company has a debt-to-equity ratio of 284.24, a current ratio of 1.21 and a quick ratio of 0.77. The company’s 50-day simple moving average is C$51.90 and its 200-day simple moving average is C$50.38. The stock has a market capitalization of $4.44 billion and a P/E ratio of 52.44.
About Brookfield Business Partners (TSE:BBU.UN)
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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