Brookfield Infrastructure Co. (TSE:BIPC – Get Free Report) dropped 0.8% on Tuesday . The stock traded as low as C$55.52 and last traded at C$55.62. Approximately 127,900 shares were traded during trading, a decline of 31% from the average daily volume of 184,455 shares. The stock had previously closed at C$56.07.
Brookfield Infrastructure Price Performance
The firm has a fifty day moving average price of C$55.70 and a two-hundred day moving average price of C$54.10. The stock has a market capitalization of C$6.62 billion, a P/E ratio of -5.69 and a beta of 1.99. The company has a debt-to-equity ratio of -1,758.64, a quick ratio of 0.24 and a current ratio of 0.49.
About Brookfield Infrastructure
Brookfield Infrastructure Corp along with its subsidiaries is engaged in owning and operating regulated utility investments in Brazil and the United Kingdom. The group’s operations include utilities, transport, energy, and data infrastructure businesses in North and South America, Europe, and the Asia Pacific.
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