Shares of Brookfield Infrastructure Co. (TSE:BIPC – Get Free Report) dropped 2.5% during mid-day trading on Monday . The stock traded as low as C$58.71 and last traded at C$59.89. Approximately 138,114 shares were traded during trading, an increase of 12% from the average daily volume of 123,236 shares. The stock had previously closed at C$61.41.
Brookfield Infrastructure Price Performance
The company has a debt-to-equity ratio of 374.93, a current ratio of 0.59 and a quick ratio of 0.24. The firm has a market cap of C$7.90 billion, a price-to-earnings ratio of 4.45 and a beta of 1.41. The stock has a 50-day moving average price of C$58.52 and a 200 day moving average price of C$56.71.
About Brookfield Infrastructure
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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