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

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 - ) dropped 0.8% on Tuesday . The stock traded as low as C$55.52 and last traded at C$55.62. Approximately 127,900 shares were traded during trading, a decline of 31% from the average daily volume of 184,455 shares. The stock had previously closed at C$56.07.

Brookfield Infrastructure Price Performance

The firm has a fifty day moving average price of C$55.70 and a two-hundred day moving average price of C$54.10. The stock has a market capitalization of C$6.62 billion, a P/E ratio of -5.69 and a beta of 1.99. 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.

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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