Free Trial

Brookfield Infrastructure Partners (TSE:BIP.UN) Shares Pass Above 50 Day Moving Average - What's Next?

Brookfield Infrastructure Partners logo with Utilities background

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.

Get Our Latest Stock Report on BIP.UN

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

(Get Free Report)

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.

Featured Articles

Should you invest $1,000 in Brookfield Infrastructure Partners right now?

Before you consider Brookfield Infrastructure Partners, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Brookfield Infrastructure Partners wasn't on the list.

While Brookfield Infrastructure Partners currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks That Could Be Bigger Than Tesla, Nvidia, and Google Cover

Growth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Post-Election Chaos or Opportunity? Prepare Your Investments
Strong Markets Meet Rising Volatility—Are Your Investments Safe?
Analysts Bullish on AI-Powered Healthcare: Intuitive Surgical’s 30% Upside

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines