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

Shares of Brookfield Infrastructure Partners L.P. (TSE:BIP.UNGet Free Report) (NYSE:BIP) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$46.20 and traded as low as C$40.43. Brookfield Infrastructure Partners shares last traded at C$41.17, with a volume of 625,874 shares trading hands.

Brookfield Infrastructure Partners Stock Down 0.4 %

The company has a debt-to-equity ratio of 180.01, a current ratio of 0.81 and a quick ratio of 0.45. The stock has a 50 day simple moving average of C$46.20 and a 200-day simple moving average of C$46.23. The firm has a market cap of C$19.01 billion, a PE ratio of -228.72, a PEG ratio of -2.12 and a beta of 1.05.

About Brookfield Infrastructure Partners

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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.

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