Brookfield Infrastructure (TSE:BIPC) Stock Price Down 3.3% – Here’s What Happened

Brookfield Infrastructure Co. (TSE:BIPCGet Free Report) shares traded down 3.3% during mid-day trading on Thursday . The company traded as low as C$50.75 and last traded at C$51.84. 246,928 shares traded hands during trading, an increase of 21% from the average session volume of 204,648 shares. The stock had previously closed at C$53.62.

Brookfield Infrastructure Price Performance

The company has a debt-to-equity ratio of -1,758.64, a current ratio of 0.49 and a quick ratio of 0.24. The stock has a fifty day simple moving average of C$55.78 and a 200-day simple moving average of C$57.55. The company has a market capitalization of C$4.11 billion, a price-to-earnings ratio of -7.22 and a beta of 1.41.

Brookfield Infrastructure Company Profile

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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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