Brookfield Infrastructure Partners (TSE:BIP.UN) Share Price Crosses Above Fifty Day Moving Average of $38.94

Shares of Brookfield Infrastructure Partners L.P. (TSE:BIP.UN) (NYSE:BIP) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$38.94 and traded as high as C$41.85. Brookfield Infrastructure Partners shares last traded at C$41.70, with a volume of 1,051,515 shares traded.

Brookfield Infrastructure Partners Trading Up 1.5 %

The company has a debt-to-equity ratio of 150.43, a quick ratio of 0.45 and a current ratio of 0.68. The company has a 50 day moving average of C$38.94 and a 200 day moving average of C$39.06. The stock has a market capitalization of C$19.24 billion, a price-to-earnings ratio of 96.98, a P/E/G ratio of -2.12 and a beta of 0.97.

About Brookfield Infrastructure Partners

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.