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Brookfield Infrastructure (TSE:BIPC) Stock Price Down 1.2% - Should You Sell?

Brookfield Infrastructure logo with Utilities background

Brookfield Infrastructure Co. (TSE:BIPC - Get Free Report) shares dropped 1.2% during trading on Thursday . The stock traded as low as 58.74 and last traded at 58.97. Approximately 101,091 shares changed hands during trading, a decline of 43% from the average daily volume of 177,389 shares. The stock had previously closed at 59.71.

Brookfield Infrastructure Trading Down 1.9 %

The company has a debt-to-equity ratio of 374.93, a current ratio of 0.59 and a quick ratio of 0.24. The business has a 50-day moving average of 59.84 and a 200-day moving average of 54.35. The firm has a market cap of $7.63 billion, a price-to-earnings ratio of 4.30 and a beta of 1.41.

About Brookfield Infrastructure

(Get Free Report)

Brookfield Infrastructure Corporation, together with its subsidiaries, owns and operates regulated natural gas transmission systems in Brazil. The company also engages in the regulated gas and electricity distribution operations in the United Kingdom; and electricity transmission and distribution, as well as gas distribution in Australia.

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