Brookfield Infrastructure Partners (TSE:BIP.UN) Share Price Passes Below 50 Day Moving Average – Here’s What Happened

by · The Markets Daily

Brookfield Infrastructure Partners L.P. (TSE:BIP.UN – Get Free Report) (NYSE:BIP)’s stock price passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$47.81 and traded as low as C$45.26. Brookfield Infrastructure Partners shares last traded at C$45.68, with a volume of 203,017 shares.

Brookfield Infrastructure Partners Stock Up 0.5 %

The company has a fifty day moving average price of C$47.64 and a 200-day moving average price of C$44.22. The company has a debt-to-equity ratio of 180.01, a quick ratio of 0.45 and a current ratio of 0.81. The firm has a market capitalization of C$21.19 billion, a PE ratio of -255.06, a PEG ratio of -2.12 and a beta of 1.05.

About Brookfield Infrastructure Partners

(Get Free Report)

Brookfield Infrastructure Partners LP is a Bermuda exempted limited partnership that owns and operates quality, long-life assets that generate stable cash flows, by virtue of barriers to entry or other characteristics tend to appreciate in value over time. It focuses on acquiring infrastructure assets that have low maintenance capital costs and high barriers to entry.

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