Brookfield Infrastructure (TSE:BIPC) Shares Down 0.7% – Time to Sell?

Shares of Brookfield Infrastructure Co. (TSE:BIPC) were down 0.7% during trading on Monday . The stock traded as low as C$61.33 and last traded at C$62.75. Approximately 232,816 shares traded hands during trading, an increase of 25% from the average daily volume of 186,052 shares. The stock had previously closed at C$63.19.

Brookfield Infrastructure Stock Performance

The business’s 50-day moving average price is C$64.63 and its 200-day moving average price is C$62.26. The company has a current ratio of 1.66, a quick ratio of 0.24 and a debt-to-equity ratio of -1,416.32. The stock has a market cap of C$7.47 billion, a PE ratio of -31.00 and a beta of 1.81.

About Brookfield Infrastructure

Brookfield Infrastructure is a leading global infrastructure company that owns and operates high-quality, long-life assets in the utilities, transport, midstream and data sectors across the Americas, Asia Pacific and Europe. We are focused on assets that have contracted and regulated revenues that generate predictable and stable cash flows. Investors can access its portfolio either through Brookfield Infrastructure Partners L.P. (NYSE: BIP; TSX: BIP.UN), a Bermuda-based limited partnership, or Brookfield Infrastructure Corporation (NYSE, TSX: BIPC), a Canadian corporation.