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London
July 7, 2024
PI Global Investments
Infrastructure

Brookfield Infrastructure Partners (TSE:BIP.UN) Stock Price Passes Below 50-Day Moving Average of $41.01



Brookfield Infrastructure Partners L.P. (TSE:BIP.UNGet Free Report) (NYSE:BIP) shares crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$41.01 and traded as low as C$38.98. Brookfield Infrastructure Partners shares last traded at C$39.52, with a volume of 478,289 shares changing hands.

Brookfield Infrastructure Partners Price Performance

The stock has a market capitalization of C$18.26 billion, a PE ratio of 208.00, a P/E/G ratio of -2.12 and a beta of 0.95. The company has a quick ratio of 0.45, a current ratio of 0.70 and a debt-to-equity ratio of 134.69. The stock’s 50-day moving average is C$41.01 and its 200 day moving average is C$39.33.

Brookfield Infrastructure Partners Company Profile

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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.

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