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Brookfield Infrastructure Partners (TSE:BIP.UN) Shares Cross Below 50 Day Moving Average - Here's Why

Brookfield Infrastructure Partners logo with Utilities background

Brookfield Infrastructure Partners L.P. (TSE:BIP.UN - Get Free Report) NYSE: BIP's share price crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$47.81 and traded as low as C$45.26. Brookfield Infrastructure Partners shares last traded at C$45.68, with a volume of 203,017 shares.

Brookfield Infrastructure Partners Stock Up 0.4 %

The stock has a market cap of C$21.09 billion, a PE ratio of -253.78, a PEG 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 50 day moving average price of C$47.72 and a two-hundred day moving average price of C$44.17.

Brookfield Infrastructure Partners Company Profile

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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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