Brookfield Infrastructure Partners (TSE:BIP.UN) Shares Cross Above Two Hundred Day Moving Average – Here’s What Happened

Brookfield Infrastructure Partners L.P. (TSE:BIP.UN) (NYSE:BIP)’s stock price passed above its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of C$52.02 and traded as high as C$52.50. Brookfield Infrastructure Partners shares last traded at C$52.27, with a volume of 290,847 shares traded.

Brookfield Infrastructure Partners Stock Down 0.0%

The stock has a market capitalization of C$24.05 billion, a price-to-earnings ratio of 84.29, a price-to-earnings-growth ratio of -2.12 and a beta of 2.04. The company has a quick ratio of 0.45, a current ratio of 0.81 and a debt-to-equity ratio of 180.01. The business’s 50-day moving average is C$51.51 and its two-hundred day moving average is C$52.04.

About Brookfield Infrastructure Partners

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.