Brookfield Infrastructure Co. (TSE:BIPC – Get Free Report) dropped 1.2% during mid-day trading on Friday . The company traded as low as C$55.73 and last traded at C$56.11. Approximately 121,686 shares were traded during trading, a decline of 53% from the average daily volume of 259,162 shares. The stock had previously closed at C$56.77.
Brookfield Infrastructure Stock Down 1.2%
The stock has a market capitalization of C$6.90 billion, a price-to-earnings ratio of -19.65 and a beta of 2.48. The company has a debt-to-equity ratio of -837.11, a current ratio of 0.42 and a quick ratio of 0.24. The business has a fifty day moving average of C$56.45 and a 200 day moving average of C$58.58.
About Brookfield Infrastructure
Brookfield Infrastructure is a leading global infrastructure company that owns and operates high-quality, long-life assets in the utilities, transport, midstream and data sectors across the Americas, Asia Pacific and Europe. We are focused on assets that have contracted and regulated revenues that generate predictable and stable cash flows. Investors can access its portfolio either through Brookfield Infrastructure Partners L.P. (NYSE: BIP; TSX: BIP.UN), a Bermuda-based limited partnership, or Brookfield Infrastructure Corporation (NYSE, TSX: BIPC), a Canadian corporation.
Featured Stories
- Five stocks we like better than Brookfield Infrastructure
- Sony and TSMC’s $4.7 Billion Venture Is About More Than Camera Sensors
- Quantum Leaps: Debt-Free as AI Storage Demand Accelerates
- NVIDIA’s $500 Billion GPU Financing Deal Fuels Path Toward $270
- Sandisk’s Margins Look Like Software. Can They Last?
Receive News & Ratings for Brookfield Infrastructure Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brookfield Infrastructure and related companies with MarketBeat.com's FREE daily email newsletter.
