Brookfield Infrastructure (TSE:BIPC) Stock Price Down 1.5% – Time to Sell?

Brookfield Infrastructure Co. (TSE:BIPC) traded down 1.5% on Thursday . The company traded as low as C$68.15 and last traded at C$68.17. 214,064 shares traded hands during trading, an increase of 27% from the average session volume of 167,899 shares. The stock had previously closed at C$69.19.

Brookfield Infrastructure Stock Performance

The stock has a market capitalization of C$8.12 billion, a price-to-earnings ratio of -33.68 and a beta of 1.87. The firm has a fifty day moving average of C$63.67 and a 200 day moving average of C$60.78. The company has a debt-to-equity ratio of -1,758.64, a current ratio of 0.49 and a quick ratio of 0.24.

Brookfield Infrastructure (TSE:BIPC) last released its quarterly earnings data on Friday, November 7th. The company reported C$0.83 EPS for the quarter. Brookfield Infrastructure had a positive return on equity of 196.70% and a negative net margin of 18.82%.The business had revenue of C$1.28 billion for the quarter.

About Brookfield Infrastructure

Brookfield Infrastructure Corp along with its subsidiaries is engaged in owning and operating regulated utility investments in Brazil and the United Kingdom. The group’s operations include utilities, transport, energy, and data infrastructure businesses in North and South America, Europe, and the Asia Pacific. The company generates a majority of its revenue from regulated gas transmission operations. Geographically, it generates maximum revenue from Brazil.