Brookfield Infrastructure (TSE:BIPC) Reaches New 52-Week High at $56.00

Brookfield Infrastructure Co. (TSE:BIPCGet Free Report)’s share price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as 56.00 and last traded at 55.99, with a volume of 27923 shares. The stock had previously closed at 54.76.

Brookfield Infrastructure Trading Up 2.7 %

The company has a market cap of $7.42 billion, a price-to-earnings ratio of 4.07 and a beta of 1.41. The firm has a fifty day moving average price of 52.29 and a 200 day moving average price of 48.09. The company has a debt-to-equity ratio of 374.93, a quick ratio of 0.24 and a current ratio of 0.59.

About Brookfield Infrastructure

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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.

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