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Brookfield Infrastructure (TSE:BIPC) Stock Price Up 0.6% - Time to Buy?

Brookfield Infrastructure logo with Utilities background

Key Points

  • Brookfield Infrastructure Co. stock price increased by 0.6%, closing at C$57.22 after trading as high as C$57.27.
  • The company's debt-to-equity ratio stands at -1,758.64, indicating a significant debt burden, with a market cap of C$4.79 billion.
  • Brookfield Infrastructure operates in various sectors including utilities, transport, energy, and data infrastructure across multiple regions worldwide.
  • Interested in Brookfield Infrastructure? Here are five stocks we like better.

Brookfield Infrastructure Co. (TSE:BIPC - Get Free Report) was up 0.6% on Friday . The stock traded as high as C$57.27 and last traded at C$57.22. Approximately 51,163 shares changed hands during trading, a decline of 72% from the average daily volume of 185,200 shares. The stock had previously closed at C$56.90.

Brookfield Infrastructure Stock Performance

The company has a debt-to-equity ratio of -1,758.64, a current ratio of 0.49 and a quick ratio of 0.24. The company has a market capitalization of C$4.79 billion, a price-to-earnings ratio of -8.40 and a beta of 1.41. The stock has a 50 day simple moving average of C$56.19 and a two-hundred day simple moving average of C$54.98.

About Brookfield Infrastructure

(Get Free Report)

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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