Brookfield Business Partners (TSE:BBU.UN) Reaches New 12-Month High at $32.77

Shares of Brookfield Business Partners LP (TSE:BBU.UN) hit a new 52-week high during mid-day trading on Monday . The company traded as high as C$32.77 and last traded at C$32.42, with a volume of 621 shares. The stock had previously closed at C$32.73.

Brookfield Business Partners Stock Performance

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 stock has a market cap of C$2.40 billion, a PE ratio of 3.70, a price-to-earnings-growth ratio of 2.61 and a beta of 1.45. The firm has a fifty day moving average price of C$28.03 and a 200 day moving average price of C$27.22.

Brookfield Business Partners Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Friday, September 27th were paid a $0.0625 dividend. This represents a $0.25 dividend on an annualized basis and a yield of 0.77%. The ex-dividend date was Friday, August 30th. Brookfield Business Partners’s dividend payout ratio (DPR) is presently 3.85%.

Insider Buying and Selling at Brookfield Business Partners

In other news, insider Brookfield Corporation purchased 3,591 shares of the company’s stock in a transaction that occurred on Friday, July 5th. The shares were bought at an average price of C$18.37 per share, for a total transaction of C$65,948.72. In the last quarter, insiders have purchased 31,999 shares of company stock worth $787,344. 3.96% of the stock is owned by corporate insiders.

Brookfield Business Partners Company Profile

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.