Brookfield Infrastructure Partners L.P. (TSE:BIP.UN - Get Free Report) NYSE: BIP shares hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as C$59.50 and last traded at C$48.07, with a volume of 65214 shares traded. The stock had previously closed at C$47.03.
Analyst Ratings Changes
Separately, National Bankshares boosted their target price on shares of Brookfield Infrastructure Partners from C$31.00 to C$34.00 and gave the company a "sector perform" rating in a research note on Friday, August 23rd.
Read Our Latest Research Report on Brookfield Infrastructure Partners
Brookfield Infrastructure Partners Stock Performance
The stock has a market capitalization of C$22.71 billion, a price-to-earnings ratio of -273.28, a price-to-earnings-growth 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 stock has a 50-day moving average of C$44.30 and a 200 day moving average of C$41.21.
About Brookfield Infrastructure Partners
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Brookfield Infrastructure Partners L.P. owns and operates utilities, transport, energy, and data infrastructure businesses. The Utilities segment operates approximately 2,000 kilometers (km) of natural gas transportation pipelines in the states of Rio de Janeiro, Sao Paulo, and Minas Gerais; approximately 2,200 km of electricity transmission lines in North and South America; and approximately 6.6 million electricity and natural gas connections and 1.1 million smart meters, as well as operates metallurgical coal export terminals.
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