Fed’s Powell opens door to potential rate cuts at Jackson Hole
Brookfield Property Partners (NASDAQ:BPY) LP (BPYPP) stock has reached a 52-week low, dipping to $13.51, as investors navigate a landscape of economic uncertainty. The $12.92 billion market cap company offers an attractive dividend yield of 11.52%, though InvestingPro data shows concerning metrics with a current ratio of 0.37. This latest price level reflects a significant downturn from the previous year, with the stock experiencing a 1-year change of -12.93%. The decline to this year’s low suggests a challenging period for the real estate investment company, which has seen revenue decline by 10.03% over the last twelve months. InvestingPro subscribers have access to 6 additional key insights about BPYPP’s financial health and market position.
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