Brookfield Infrastructure Partners (TSE:BIP.UN) Stock Price Crosses Above 50-Day Moving Average of $46.04

Brookfield Infrastructure Partners L.P. (TSE:BIP.UN – Get Rating) (NYSE:BIP) shares crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$46.04 and traded as high as C$47.88. Brookfield Infrastructure Partners shares last traded at C$47.46, with a volume of 221,466 shares trading hands.

Brookfield Infrastructure Partners Trading Up 0.5 %

The company has a market cap of C$21.76 billion, a price-to-earnings ratio of 431.45, a P/E/G ratio of -2.12 and a beta of 0.89. The company has a debt-to-equity ratio of 132.82, a current ratio of 0.80 and a quick ratio of 0.45. The firm’s fifty day moving average price is C$46.04 and its 200-day moving average price is C$46.49.

About Brookfield Infrastructure Partners

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Brookfield Infrastructure Partners L.P. owns and operates utilities, transport, energy, and data infrastructure businesses. The Utilities segment operates approximately 2,000 kilometers (km) of natural gas transportation pipelines in the states of Rio de Janeiro, Sao Paulo, and Minas Gerais; approximately 2,200 km of electricity transmission lines in North and South America; and approximately 6.6 million electricity and natural gas connections and 1.1 million smart meters, as well as operates metallurgical coal export terminals.