Brookfield Infrastructure Co. (TSE:BIPC – Get Free Report) fell 1.2% during trading on Thursday . The company traded as low as 58.74 and last traded at 58.97. 101,091 shares were traded during mid-day trading, a decline of 43% from the average session volume of 177,389 shares. The stock had previously closed at 59.71.
Brookfield Infrastructure Stock Down 1.9 %
The company has a current ratio of 0.59, a quick ratio of 0.24 and a debt-to-equity ratio of 374.93. The company has a 50 day simple moving average of 59.84 and a two-hundred day simple moving average of 54.35. The firm has a market capitalization of $7.63 billion, a P/E ratio of 4.30 and a beta of 1.41.
About Brookfield Infrastructure
Brookfield Infrastructure Corporation, together with its subsidiaries, owns and operates regulated natural gas transmission systems in Brazil. The company also engages in the regulated gas and electricity distribution operations in the United Kingdom; and electricity transmission and distribution, as well as gas distribution in Australia.
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