Brookfield Infrastructure Partners (TSE:BIP.UN) Sets New 12-Month High – Here’s What Happened

Brookfield Infrastructure Partners L.P. (TSE:BIP.UN) (NYSE:BIP) shares reached a new 52-week high during trading on Friday . The company traded as high as C$55.30 and last traded at C$55.13, with a volume of 179219 shares changing hands. The stock had previously closed at C$54.90.

Brookfield Infrastructure Partners Trading Up 0.3%

The business’s fifty day moving average price is C$53.18 and its 200 day moving average price is C$51.18. 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 firm has a market capitalization of C$25.32 billion, a PE ratio of 83.41, a P/E/G ratio of -2.12 and a beta of 2.12.

Brookfield Infrastructure Partners (TSE:BIP.UN) (NYSE:BIP) last announced its quarterly earnings data on Wednesday, April 29th. The company reported C($0.28) earnings per share (EPS) for the quarter. Brookfield Infrastructure Partners had a negative net margin of 0.09% and a positive return on equity of 5.21%. The firm had revenue of C$8.76 billion for the quarter. As a group, analysts expect that Brookfield Infrastructure Partners L.P. will post 0.9401645 EPS for the current fiscal year.

Brookfield Infrastructure Partners Company Profile

Brookfield Infrastructure Partners LP is a Bermuda exempted limited partnership that owns and operates quality, long-life assets that generate stable cash flows, by virtue of barriers to entry or other characteristics tend to appreciate in value over time. It focuses on acquiring infrastructure assets that have low maintenance capital costs and high barriers to entry. The company’s segments consist of Utilities, Transport, Midstream, and Data. Geographically, it generates maximum revenue from Brazil and also has a presence in Australia, Colombia, United Kingdom, Canada, United States of America, Chile, Peru, India, and other countries.