Brookfield Infrastructure (TSE:BIPC) Shares Up 1.5% - Time to Buy?

Key Points

• Brookfield Infrastructure Co. saw its stock price increase by 1.5%, closing at C$58.03 after trading as high as C$58.24.
• The company's market capitalization stands at C$6.91 billion, with a PE ratio of -5.93 and a debt-to-equity ratio of -1,758.64.
• Brookfield Infrastructure operates regulated utility investments across multiple regions including North and South America, Europe, and Asia Pacific.

Brookfield Infrastructure Co. (TSE:BIPC - )'s stock price shot up 1.5% on Wednesday . The company traded as high as C$58.24 and last traded at C$58.03. 124,435 shares were traded during mid-day trading, a decline of 34% from the average session volume of 187,451 shares. The stock had previously closed at C$57.16.

Brookfield Infrastructure Trading Up 1.5%

The company has a current ratio of 0.49, a quick ratio of 0.24 and a debt-to-equity ratio of -1,758.64. The business's 50-day simple moving average is C$55.49 and its two-hundred day simple moving average is C$54.26. The company has a market capitalization of C$6.91 billion, a PE ratio of -5.93 and a beta of 1.99.

Brookfield Infrastructure Company Profile

Brookfield Infrastructure Corp along with its subsidiaries is engaged in owning and operating regulated utility investments in Brazil and the United Kingdom. The group's operations include utilities, transport, energy, and data infrastructure businesses in North and South America, Europe, and the Asia Pacific.

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