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Brookfield Infrastructure Partners (TSE:BIP.UN) Shares Cross Below Two Hundred Day Moving Average - Here's What Happened

Brookfield Infrastructure Partners logo with Utilities background
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Brookfield Infrastructure Partners L.P. (TSE:BIP.UN - Get Free Report) NYSE: BIP crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$46.20 and traded as low as C$40.43. Brookfield Infrastructure Partners shares last traded at C$41.17, with a volume of 625,874 shares.

Brookfield Infrastructure Partners Trading Up 0.1 %

The firm has a market capitalization of C$18.80 billion, a PE ratio of -226.22, a price-to-earnings-growth ratio of -2.12 and a beta of 1.05. The company has a debt-to-equity ratio of 180.01, a current ratio of 0.81 and a quick ratio of 0.45. The company has a fifty day moving average of C$46.10 and a 200-day moving average of C$46.19.

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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