FTAI Infrastructure (NASDAQ:FIP – Get Free Report) released its quarterly earnings results on Thursday. The company reported ($0.74) EPS for the quarter, Zacks reports. FTAI Infrastructure had a negative net margin of 44.32% and a negative return on equity of 46.25%.
FTAI Infrastructure Stock Up 3.8 %
Shares of FIP traded up $0.21 during trading hours on Thursday, reaching $5.69. 1,398,393 shares of the stock traded hands, compared to its average volume of 1,053,045. FTAI Infrastructure has a 52 week low of $4.28 and a 52 week high of $10.45. The company has a market cap of $647.21 million, a price-to-earnings ratio of -2.87 and a beta of 1.44. The stock has a fifty day simple moving average of $7.03 and a 200 day simple moving average of $8.24. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 6.07.
About FTAI Infrastructure
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