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Brookfield Infrastructure Partners (TSE:BIP.UN) Share Price Passes Above 50 Day Moving Average - Here's What Happened

Brookfield Infrastructure Partners logo with Utilities background

Brookfield Infrastructure Partners L.P. (TSE:BIP.UN - Get Free Report) NYSE: BIP shares passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$42.33 and traded as high as C$45.81. Brookfield Infrastructure Partners shares last traded at C$45.61, with a volume of 339,107 shares traded.

Brookfield Infrastructure Partners Trading Up 0.1%

The company has a quick ratio of 0.45, a current ratio of 0.81 and a debt-to-equity ratio of 180.01. The firm has a market capitalization of C$21.00 billion, a price-to-earnings ratio of -252.72, a P/E/G ratio of -2.12 and a beta of 1.05. The business has a 50-day moving average of C$42.33 and a two-hundred day moving average of C$44.73.

Brookfield Infrastructure Partners Company Profile

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Brookfield Infrastructure Partners LP is a Bermuda exempted limited partnership that owns and operates quality, long-life assets that generate stable cash flows, by virtue of barriers to entry or other characteristics tend to appreciate in value over time. It focuses on acquiring infrastructure assets that have low maintenance capital costs and high barriers to entry.

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