Brookfield Infrastructure (TSE:BIPC) Stock Price Up 0.7% – Here’s Why

Shares of Brookfield Infrastructure Co. (TSE:BIPCGet Free Report) rose 0.7% during mid-day trading on Friday . The company traded as high as C$51.79 and last traded at C$51.66. Approximately 120,388 shares changed hands during mid-day trading, a decline of 54% from the average session volume of 262,775 shares. The stock had previously closed at C$51.30.

Brookfield Infrastructure Trading Up 0.7%

The stock has a market capitalization of C$6.36 billion, a P/E ratio of -18.10 and a beta of 2.48. The firm’s 50 day moving average price is C$55.76 and its 200 day moving average price is C$57.25. The company has a debt-to-equity ratio of -837.11, a current ratio of 0.42 and a quick ratio of 0.24.

Brookfield Infrastructure Company Profile

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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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