Brookfield Infrastructure (TSE:BIPC) Shares Up 1.5% – Time to Buy?

Brookfield Infrastructure Co. (TSE:BIPC) shares traded up 1.5% on Wednesday . The stock traded as high as C$57.34 and last traded at C$57.06. 323,935 shares were traded during trading, an increase of 28% from the average session volume of 252,454 shares. The stock had previously closed at C$56.24.

Brookfield Infrastructure Trading Up 0.1%

The firm has a market capitalization of C$7.15 billion, a P/E ratio of -9.40 and a beta of 2.05. The company has a debt-to-equity ratio of -920.03, a quick ratio of 0.24 and a current ratio of 2.16. The firm has a 50 day moving average price of C$56.04 and a two-hundred day moving average price of C$61.32.

Brookfield Infrastructure (TSE:BIPC) last released its quarterly earnings data on Wednesday, April 29th. The company reported C$7.59 earnings per share for the quarter. The business had revenue of C$1.23 billion during the quarter. Brookfield Infrastructure had a positive return on equity of 57.26% and a negative net margin of 20.53%.

Brookfield Infrastructure Company Profile

Brookfield Infrastructure is a leading global infrastructure company that owns and operates high-quality, long-life assets in the utilities, transport, midstream and data sectors across the Americas, Asia Pacific and Europe. We are focused on assets that have contracted and regulated revenues that generate predictable and stable cash flows. Investors can access its portfolio either through Brookfield Infrastructure Partners L.P. (NYSE: BIP; TSX: BIP.UN), a Bermuda-based limited partnership, or Brookfield Infrastructure Corporation (NYSE, TSX: BIPC), a Canadian corporation.