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Brookfield Infrastructure (TSE:BIPC) Trading 3.4% Higher - Here's What Happened

Brookfield Infrastructure logo with Utilities background

Shares of Brookfield Infrastructure Co. (TSE:BIPC - Get Free Report) were up 3.4% during trading on Tuesday . The stock traded as high as C$60.58 and last traded at C$60.51. Approximately 303,039 shares were traded during trading, an increase of 94% from the average daily volume of 156,399 shares. The stock had previously closed at C$58.53.

Brookfield Infrastructure Stock Performance

The company has a debt-to-equity ratio of -1,758.64, a current ratio of 0.49 and a quick ratio of 0.24. The firm has a fifty day simple moving average of C$57.88 and a 200 day simple moving average of C$57.58. The company has a market cap of C$5.03 billion, a price-to-earnings ratio of -8.83 and a beta of 1.41.

About Brookfield Infrastructure

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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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