Brookfield Infrastructure (TSE:BIPC) Reaches New 1-Year High – Should You Buy?

Brookfield Infrastructure Co. (TSE:BIPCGet Free Report) shares hit a new 52-week high during mid-day trading on Monday . The company traded as high as 61.79 and last traded at 61.79, with a volume of 11667 shares traded. The stock had previously closed at 60.80.

Brookfield Infrastructure Price Performance

The company has a 50 day moving average price of 58.34 and a 200-day moving average price of 52.59. The company has a market cap of $7.90 billion, a price-to-earnings ratio of 4.44 and a beta of 1.41. The company has a quick ratio of 0.24, a current ratio of 0.59 and a debt-to-equity ratio of 374.93.

Brookfield Infrastructure Company Profile

(Get Free Report)

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.

Featured Articles

Receive News & Ratings for Brookfield Infrastructure Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brookfield Infrastructure and related companies with MarketBeat.com's FREE daily email newsletter.