Brookfield Infrastructure Partners (TSE:BIP.UN) Shares Pass Below 50 Day Moving Average of $45.95

Brookfield Infrastructure Partners L.P. (TSE:BIP.UN – Get Rating) (NYSE:BIP) shares passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$45.95 and traded as low as C$43.80. Brookfield Infrastructure Partners shares last traded at C$44.07, with a volume of 678,604 shares traded.

Brookfield Infrastructure Partners Stock Performance

The firm has a market capitalization of C$20.20 billion, a price-to-earnings ratio of 231.95, a P/E/G ratio of -2.12 and a beta of 0.88. The stock’s fifty day moving average is C$45.95 and its two-hundred day moving average is C$48.06. The company has a quick ratio of 0.45, a current ratio of 0.77 and a debt-to-equity ratio of 118.31.

Brookfield Infrastructure Partners Company Profile

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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.