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Brookfield Infrastructure (TSE:BIPC) Trading 0.4% Higher - Here's Why

Brookfield Infrastructure logo with Utilities background

Brookfield Infrastructure Co. (TSE:BIPC - Get Free Report)'s share price shot up 0.4% on Friday . The stock traded as high as C$50.47 and last traded at C$50.44. 162,328 shares were traded during mid-day trading, a decline of 19% from the average session volume of 201,510 shares. The stock had previously closed at C$50.23.

Brookfield Infrastructure Stock Up 0.6 %

The company has a debt-to-equity ratio of -1,758.64, a quick ratio of 0.24 and a current ratio of 0.49. The firm has a market capitalization of C$4.25 billion, a P/E ratio of -7.46 and a beta of 1.41. The stock has a fifty day moving average price of C$52.00 and a two-hundred day moving average price of C$56.52.

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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