Brookfield Infrastructure Co. (TSE:BIPC – Get Free Report)’s stock price rose 5.2% during trading on Friday. The company traded as high as C$56.14 and last traded at C$55.89. 549,138 shares changed hands during mid-day trading, an increase of 106% from the average daily volume of 265,973 shares. The stock had previously closed at C$53.15.
Brookfield Infrastructure Stock Performance
The company has a debt-to-equity ratio of -837.11, a quick ratio of 0.24 and a current ratio of 0.42. The stock’s 50-day simple moving average is C$51.84 and its two-hundred day simple moving average is C$56.78. The stock has a market cap of C$6.88 billion, a price-to-earnings ratio of -19.58 and a beta of 2.06.
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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