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Brookfield Infrastructure Partners (TSE:BIP.UN) Stock Price Crosses Above Fifty Day Moving Average - What's Next?

Brookfield Infrastructure Partners logo with Utilities background

Brookfield Infrastructure Partners L.P. (TSE:BIP.UN - Get Free Report) NYSE: BIP crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$46.90 and traded as high as C$47.12. Brookfield Infrastructure Partners shares last traded at C$46.65, with a volume of 893,591 shares traded.

Brookfield Infrastructure Partners Trading Up 0.3 %

The firm's 50 day moving average is C$46.75 and its two-hundred day moving average is C$45.61. The company has a market cap of C$21.96 billion, a P/E ratio of -264.22, a PEG ratio of -2.12 and a beta of 1.05. The company has a quick ratio of 0.45, a current ratio of 0.81 and a debt-to-equity ratio of 180.01.

About Brookfield Infrastructure Partners

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Brookfield Infrastructure Partners LP is a Bermuda exempted limited partnership that owns and operates quality, long-life assets that generate stable cash flows, by virtue of barriers to entry or other characteristics tend to appreciate in value over time. It focuses on acquiring infrastructure assets that have low maintenance capital costs and high barriers to entry.

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