Brookfield Infrastructure Partners L.P. (TSE:BIP.UN - Get Free Report) NYSE: BIP's stock price crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$44.84 and traded as high as C$49.34. Brookfield Infrastructure Partners shares last traded at C$48.62, with a volume of 413,745 shares traded.
Analyst Ratings Changes
Separately, National Bankshares boosted their target price on Brookfield Infrastructure Partners from C$31.00 to C$34.00 and gave the company a "sector perform" rating in a report on Friday, August 23rd.
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Brookfield Infrastructure Partners Price Performance
The company has a debt-to-equity ratio of 180.01, a quick ratio of 0.45 and a current ratio of 0.81. The company has a 50-day moving average of C$44.84 and a 200-day moving average of C$41.49. The stock has a market capitalization of C$22.61 billion, a price-to-earnings ratio of -272.11, a P/E/G ratio of -2.12 and a beta of 1.05.
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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