Brookfield Business Partners (TSE:BBU.UN) Trading Down 2.9% – Here’s Why

Shares of Brookfield Business Partners LP (TSE:BBU.UNGet Free Report) traded down 2.9% during trading on Friday . The company traded as low as C$48.50 and last traded at C$49.36. 31,172 shares traded hands during trading, a decline of 32% from the average session volume of 45,716 shares. The stock had previously closed at C$50.82.

Brookfield Business Partners Stock Down 2.9%

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 has a market capitalization of C$4.38 billion, a price-to-earnings ratio of -26.97, a price-to-earnings-growth ratio of 2.61 and a beta of 2.07. The firm’s fifty day simple moving average is C$47.16 and its two-hundred day simple moving average is C$39.77.

Brookfield Business Partners Company Profile

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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.

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