Brookfield Infrastructure (TSE:BIPC) Trading Down 0.8% - Here's Why

Key Points

• Brookfield Infrastructure Co. (TSE:BIPC) experienced a 0.8% decline on Tuesday, closing at C$55.62 after trading as low as C$55.52.
• Approximately 127,900 shares were traded, marking a 31% drop from its average daily volume of 184,455 shares.
• The company operates in sectors including utilities, transport, energy, and data infrastructure across multiple regions including North and South America, Europe, and Asia Pacific.

Brookfield Infrastructure Co. (TSE:BIPC - Get Free Report)'s stock price traded down 0.8% during trading on Tuesday . The stock traded as low as C$55.52 and last traded at C$55.62. 127,900 shares were traded during mid-day trading, a decline of 31% from the average session volume of 184,455 shares. The stock had previously closed at C$56.07.

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$6.60 billion, a PE ratio of -5.67 and a beta of 1.99. The firm's fifty day simple moving average is C$55.57 and its 200 day simple moving average is C$54.00.

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.