Brookfield Infrastructure (TSE:BIPC) Stock Jumps 1.4% – Here’s What Happened

Shares of Brookfield Infrastructure Co. (TSE:BIPC – Get Free Report) were up 1.4% during mid-day trading on Friday. The company traded as high as C$49.67 and last traded at C$49.49. 185,460 shares were traded during mid-day trading, a decline of 29% from the average daily volume of 262,556 shares. The stock had previously closed at C$48.83.

Brookfield Infrastructure Price Performance

The business has a fifty day moving average of C$54.17 and a 200 day moving average of C$55.57. The firm has a market cap of C$6.09 billion, a P/E ratio of -17.34 and a beta of 2.30. The company has a quick ratio of 0.24, a current ratio of 0.42 and a debt-to-equity ratio of -837.11.

Brookfield Infrastructure Company Profile

(Get Free Report)

Brookfield Infrastructure is a leading global infrastructure company that owns and operates high-quality, long-life assets in the utilities, transport, midstream and data sectors across the Americas, Asia Pacific and Europe. We are focused on assets that have contracted and regulated revenues that generate predictable and stable cash flows. Investors can access its portfolio either through Brookfield Infrastructure Partners L.P. (NYSE: BIP; TSX: BIP.UN), a Bermuda-based limited partnership, or Brookfield Infrastructure Corporation (NYSE, TSX: BIPC), a Canadian corporation.

Further Reading

Receive News & Ratings for Brookfield Infrastructure Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brookfield Infrastructure and related companies with MarketBeat.com's FREE daily email newsletter.