Shares of Brookfield Infrastructure Partners L.P. (TSE:BIP.UN - Get Free Report) NYSE: BIP passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$46.42 and traded as high as C$47.69. Brookfield Infrastructure Partners shares last traded at C$47.30, with a volume of 443,387 shares trading hands.
The company has a quick ratio of 0.45, a current ratio of 0.81 and a debt-to-equity ratio of 180.01. The stock has a market capitalization of C$21.84 billion, a PE ratio of -262.78, a PEG ratio of -2.12 and a beta of 1.05. The firm has a 50 day moving average price of C$46.42 and a 200-day moving average price of C$45.99.
Brookfield Infrastructure Partners LP is a Bermuda exempted limited partnership that owns and operates quality, long-life assets that generate stable cash flows, by virtue of barriers to entry or other characteristics tend to appreciate in value over time. It focuses on acquiring infrastructure assets that have low maintenance capital costs and high barriers to entry.
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