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Brookfield Infrastructure (TSE:BIPC) Trading Up 0.4% - Here's What Happened

Brookfield Infrastructure logo with Utilities background

Brookfield Infrastructure Co. (TSE:BIPC - Get Free Report) rose 0.4% during mid-day trading on Friday . The company traded as high as C$50.47 and last traded at C$50.44. Approximately 162,328 shares traded hands during mid-day trading, a decline of 19% from the average daily volume of 201,510 shares. The stock had previously closed at C$50.23.

Brookfield Infrastructure Stock Down 1.7 %

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 company's 50-day moving average price is C$51.64 and its 200 day moving average price is C$56.45. The stock has a market capitalization of C$4.25 billion, a P/E ratio of -7.46 and a beta of 1.41.

Brookfield Infrastructure Company Profile

(Get Free Report)

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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