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Brookfield Infrastructure Partners (TSE:BIP.UN) Stock Passes Above 50 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 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$46.42 and traded as high as C$47.69. Brookfield Infrastructure Partners shares last traded at C$47.30, with a volume of 443,387 shares trading hands.

Brookfield Infrastructure Partners Stock Down 1.1 %

The stock has a 50-day simple moving average of C$46.41 and a two-hundred day simple moving average of C$46.05. The company has a quick ratio of 0.45, a current ratio of 0.81 and a debt-to-equity ratio of 180.01. The firm has a market cap of C$21.65 billion, a PE ratio of -260.56, a P/E/G ratio of -2.12 and a beta of 1.05.

About Brookfield Infrastructure Partners

(Get Free Report)

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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