Brookfield Infrastructure (TSE:BIPC) Trading Down 0.9% – What’s Next?

Brookfield Infrastructure Co. (TSE:BIPCGet Free Report)’s stock price fell 0.9% during mid-day trading on Friday . The stock traded as low as C$56.00 and last traded at C$56.82. 110,207 shares were traded during trading, an increase of 5% from the average session volume of 104,717 shares. The stock had previously closed at C$57.33.

Brookfield Infrastructure Price Performance

The stock has a market capitalization of C$7.50 billion, a price-to-earnings ratio of 4.22 and a beta of 1.41. The company has a fifty day simple moving average of C$58.97 and a 200 day simple moving average of C$55.27. The company has a debt-to-equity ratio of 374.93, a quick ratio of 0.24 and a current ratio of 0.59.

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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