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

Shares of Brookfield Business Partners LP (TSE:BBU.UN) passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$48.67 and traded as low as C$47.69. Brookfield Business Partners shares last traded at C$48.22, with a volume of 9,970 shares trading hands.

Brookfield Business Partners Trading Down 0.6%

The company has a debt-to-equity ratio of 241.05, a quick ratio of 0.65 and a current ratio of 1.00. The firm has a fifty day moving average price of C$48.67 and a 200 day moving average price of C$45.01. The company has a market cap of C$4.28 billion, a price-to-earnings ratio of -164.46, a P/E/G ratio of 2.61 and a beta of 1.89.

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.