Shares of Brookfield Infrastructure Co. (TSE:BIPC – Get Free Report) were down 0.1% during trading on Friday. The company traded as low as C$52.31 and last traded at C$53.30. 217,022 shares changed hands during mid-day trading, a decline of 17% from the average daily volume of 261,506 shares. The stock had previously closed at C$53.37.
Brookfield Infrastructure Stock Performance
The firm has a market capitalization of C$6.56 billion, a price-to-earnings ratio of -18.67 and a beta of 2.35. The company has a 50-day moving average price of C$52.45 and a 200-day moving average price of C$54.93. The company has a quick ratio of 0.24, a current ratio of 0.42 and a debt-to-equity ratio of -837.11.
About Brookfield Infrastructure
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.
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