Brookfield Infrastructure (TSE:BIPC) Trading 0.2% Higher - Here's Why

Key Points

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Shares of Brookfield Infrastructure Co. (TSE:BIPC - ) traded up 0.2% on Monday . The company traded as high as C$53.79 and last traded at C$53.64. 175,491 shares changed hands during mid-day trading, a decline of 4% from the average session volume of 183,703 shares. The stock had previously closed at C$53.51.

Brookfield Infrastructure Stock Performance

The company has a debt-to-equity ratio of -1,758.64, a quick ratio of 0.24 and a current ratio of 0.49. The stock's fifty day moving average is C$56.07 and its two-hundred day moving average is C$54.54. The firm has a market cap of C$4.49 billion, a price-to-earnings ratio of -7.88 and a beta of 1.41.

About Brookfield Infrastructure

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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