Shares of Brookfield Infrastructure Partners L.P. (TSE:BIP.UN – Get Free Report) (NYSE:BIP) crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$51.79 and traded as high as C$54.13. Brookfield Infrastructure Partners shares last traded at C$53.35, with a volume of 431,600 shares.
Brookfield Infrastructure Partners Stock Down 0.4%
The company has a debt-to-equity ratio of 180.01, a quick ratio of 0.45 and a current ratio of 0.81. The stock has a market capitalization of C$24.54 billion, a price-to-earnings ratio of 80.83, a P/E/G ratio of -2.12 and a beta of 2.07. The firm’s fifty day simple moving average is C$51.79 and its 200 day simple moving average is C$50.50.
Brookfield Infrastructure Partners (TSE:BIP.UN – Get Free Report) (NYSE:BIP) last released its quarterly earnings results on Wednesday, April 29th. The company reported C($0.28) earnings per share for the quarter. The firm had revenue of C$8.76 billion for the quarter. Brookfield Infrastructure Partners had a positive return on equity of 5.21% and a negative net margin of 0.09%. On average, sell-side analysts forecast that Brookfield Infrastructure Partners L.P. will post 0.9401645 earnings per share for the current year.
Brookfield Infrastructure Partners Company Profile
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. The company’s segments consist of Utilities, Transport, Midstream, and Data. Geographically, it generates maximum revenue from Brazil and also has a presence in Australia, Colombia, United Kingdom, Canada, United States of America, Chile, Peru, India, and other countries.
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