Brookfield Infrastructure Partners (TSE:BIP.UN) Share Price Crosses Below 50 Day Moving Average of $39.61

Brookfield Infrastructure Partners L.P. (TSE:BIP.UN) (NYSE:BIP) shares passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$39.61 and traded as low as C$36.84. Brookfield Infrastructure Partners shares last traded at C$38.09, with a volume of 464,483 shares changing hands.

Brookfield Infrastructure Partners Stock Up 1.8 %

The business has a fifty day moving average of C$39.61 and a 200 day moving average of C$38.86. The stock has a market cap of C$17.57 billion, a price-to-earnings ratio of 200.47, a P/E/G ratio of -2.12 and a beta of 0.97. The company has a debt-to-equity ratio of 146.84, a current ratio of 0.68 and a quick ratio of 0.45.

Brookfield Infrastructure Partners Company Profile

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.