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Brookfield Infrastructure (TSE:BIPC) Stock Price Up 0.9% - Still a Buy?

Brookfield Infrastructure logo with Utilities background

Brookfield Infrastructure Co. (TSE:BIPC - Get Free Report) shot up 0.9% on Wednesday . The stock traded as high as C$56.86 and last traded at C$56.73. 146,487 shares traded hands during mid-day trading, a decline of 26% from the average session volume of 197,666 shares. The stock had previously closed at C$56.24.

Brookfield Infrastructure Stock Performance

The stock has a market cap of C$4.67 billion, a PE ratio of -8.19 and a beta of 1.41. The company has a quick ratio of 0.24, a current ratio of 0.49 and a debt-to-equity ratio of -1,758.64. The stock has a 50-day moving average of C$52.71 and a 200 day moving average of C$55.23.

Brookfield Infrastructure Company Profile

(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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