Brookfield Infrastructure Co. (TSE:BIPC – Get Free Report) shares shot up 0.7% during mid-day trading on Friday . The stock traded as high as C$51.79 and last traded at C$51.66. 120,388 shares were traded during trading, a decline of 54% from the average daily volume of 262,775 shares. The stock had previously closed at C$51.30.
Brookfield Infrastructure Stock Up 0.7%
The company has a quick ratio of 0.24, a current ratio of 0.42 and a debt-to-equity ratio of -837.11. The company has a 50-day simple moving average of C$55.76 and a two-hundred day simple moving average of C$57.25. The stock has a market cap of C$6.36 billion, a P/E ratio of -18.10 and a beta of 2.48.
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.
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