Brookfield Infrastructure (TSE:BIPC) Shares Up 0.2% – Should You Buy?

Brookfield Infrastructure Co. (TSE:BIPCGet Free Report) shares traded up 0.2% on Wednesday . The company traded as high as C$52.59 and last traded at C$51.88. 345,303 shares changed hands during trading, an increase of 65% from the average session volume of 209,766 shares. The stock had previously closed at C$51.80.

Brookfield Infrastructure Price Performance

The stock has a market cap of C$4.34 billion, a P/E ratio of -7.62 and a beta of 1.41. The company has a current ratio of 0.49, a quick ratio of 0.24 and a debt-to-equity ratio of -1,758.64. The company’s fifty day simple moving average is C$57.95 and its 200-day simple moving average is C$57.99.

Brookfield Infrastructure Company Profile

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Brookfield Infrastructure Corporation, together with its subsidiaries, owns and operates regulated natural gas transmission systems in Brazil. The company also engages in the regulated gas and electricity distribution operations in the United Kingdom; and electricity transmission and distribution, as well as gas distribution in Australia.

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