Brookfield Infrastructure Partners (TSE:BIP.UN) Shares Pass Above Fifty Day Moving Average - Time to Sell?

Brookfield Infrastructure Partners L.P. (TSE:BIP.UN - Get Free Report) NYSE: BIP passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$41.32 and traded as high as C$45.31. Brookfield Infrastructure Partners shares last traded at C$44.81, with a volume of 326,526 shares.

Brookfield Infrastructure Partners Stock Up 0.9%

The company has a current ratio of 0.81, a quick ratio of 0.45 and a debt-to-equity ratio of 180.01. The business has a fifty day simple moving average of C$41.62 and a two-hundred day simple moving average of C$44.89. The company has a market cap of C$21.43 billion, a PE ratio of -257.89, a price-to-earnings-growth ratio of -2.12 and a beta of 1.05.

Brookfield Infrastructure Partners Company Profile

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.