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Brookfield Infrastructure (TSE:BIPC) Trading Down 2.5% - Here's What Happened

Brookfield Infrastructure logo with Utilities background

Brookfield Infrastructure Co. (TSE:BIPC - Get Free Report)'s stock price was down 2.5% during trading on Monday . The company traded as low as C$58.71 and last traded at C$59.89. Approximately 138,114 shares were traded during mid-day trading, an increase of 12% from the average daily volume of 123,236 shares. The stock had previously closed at C$61.41.

Brookfield Infrastructure Stock Down 1.7 %

The company has a market cap of C$7.77 billion, a PE ratio of 4.37 and a beta of 1.41. The company has a fifty day moving average of C$58.52 and a two-hundred day moving average of C$56.71. The company has a debt-to-equity ratio of 374.93, a quick ratio of 0.24 and a current ratio of 0.59.

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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