Shares of Brookfield Infrastructure Co. (TSE:BIPC – Get Free Report) were up 1.4% during trading on Friday. The company traded as high as C$49.67 and last traded at C$49.49. Approximately 185,460 shares were traded during trading, a decline of 29% from the average session volume of 262,556 shares. The stock had previously closed at C$48.83.
Brookfield Infrastructure Price Performance
The company has a market capitalization of C$6.09 billion, a P/E ratio of -17.34 and a beta of 2.30. The company’s 50-day moving average price is C$54.17 and its two-hundred day moving average price is C$55.57. The company has a debt-to-equity ratio of -837.11, a current ratio of 0.42 and a quick ratio of 0.24.
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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