Brookfield Infrastructure (TSE:BIPC) Stock Price Down 1% – Time to Sell?

Brookfield Infrastructure Co. (TSE:BIPC) shares fell 1% on Tuesday . The stock traded as low as C$62.33 and last traded at C$62.36. 78,404 shares traded hands during trading, a decline of 57% from the average session volume of 181,413 shares. The stock had previously closed at C$62.99.

Brookfield Infrastructure Price Performance

The firm has a 50-day moving average of C$63.37 and a 200-day moving average of C$59.24. 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. The firm has a market capitalization of C$7.43 billion, a P/E ratio of -36.92 and a beta of 1.97.

Brookfield Infrastructure (TSE:BIPC) last posted its quarterly earnings results on Friday, November 7th. The company reported C$0.83 earnings per share for the quarter. Brookfield Infrastructure had a positive return on equity of 196.70% and a negative net margin of 18.82%.The firm had revenue of C$1.28 billion during the quarter.

Brookfield Infrastructure Company Profile

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. The company generates a majority of its revenue from regulated gas transmission operations. Geographically, it generates maximum revenue from Brazil.