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Brookfield Infrastructure Partners (TSE:BIP.UN) Stock Price Passes Above 50 Day Moving Average - Time to Sell?

Brookfield Infrastructure Partners logo with Utilities background

Brookfield Infrastructure Partners L.P. (TSE:BIP.UN - Get Free Report) NYSE: BIP's share price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$46.97 and traded as high as C$48.40. Brookfield Infrastructure Partners shares last traded at C$47.89, with a volume of 257,129 shares changing hands.

Brookfield Infrastructure Partners Trading Down 0.9 %

The stock has a market capitalization of C$22.11 billion, a price-to-earnings ratio of -266.06, a PEG ratio of -2.12 and a beta of 1.05. The business has a 50-day moving average of C$46.96 and a 200-day moving average of C$45.04. The company has a debt-to-equity ratio of 180.01, a quick ratio of 0.45 and a current ratio of 0.81.

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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