Brookfield Infrastructure (TSE:BIPC) Stock Price Down 2.6%

Brookfield Infrastructure Co. (TSE:BIPCGet Rating) was down 2.6% on Wednesday . The stock traded as low as 62.52 and last traded at 62.52. Approximately 76,332 shares changed hands during mid-day trading, a decline of 8% from the average daily volume of 83,124 shares. The stock had previously closed at 64.21.

Brookfield Infrastructure Price Performance

The company’s 50 day moving average is 60.55 and its two-hundred day moving average is 59.16. The firm has a market cap of $7.07 billion, a P/E ratio of 4.49 and a beta of 1.24.

About Brookfield Infrastructure

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Brookfield Infrastructure Corporation, together with its subsidiaries, owns and operates regulated natural gas transmission systems in Brazil. The company also engages in the regulated gas and electricity distribution operations in the United Kingdom; and electricity transmission and distribution, as well as gas distribution in Australia.

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