Brookfield Infrastructure (TSE:BIPC) Trading 0.3% Higher – Here’s What Happened

Shares of Brookfield Infrastructure Co. (TSE:BIPC) traded up 0.3% during mid-day trading on Wednesday . The company traded as high as C$58.10 and last traded at C$57.65. 202,523 shares were traded during trading, a decline of 23% from the average session volume of 263,720 shares. The stock had previously closed at C$57.45.

Brookfield Infrastructure Stock Performance

The stock’s 50-day moving average price is C$56.14 and its 200-day moving average price is C$60.67. The company has a debt-to-equity ratio of -920.03, a quick ratio of 0.24 and a current ratio of 0.29. The company has a market capitalization of C$6.95 billion, a price-to-earnings ratio of -9.13 and a beta of 2.41.

Brookfield Infrastructure (TSE:BIPC) last issued its quarterly earnings data on Wednesday, April 29th. The company reported C$7.59 earnings per share (EPS) for the quarter. Brookfield Infrastructure had a positive return on equity of 57.26% and a negative net margin of 20.53%.The firm had revenue of C$1.23 billion during the quarter.

About Brookfield Infrastructure

Brookfield Infrastructure is a leading global infrastructure company that owns and operates high-quality, long-life assets in the utilities, transport, midstream and data sectors across the Americas, Asia Pacific and Europe. We are focused on assets that have contracted and regulated revenues that generate predictable and stable cash flows. Investors can access its portfolio either through Brookfield Infrastructure Partners L.P. (NYSE: BIP; TSX: BIP.UN), a Bermuda-based limited partnership, or Brookfield Infrastructure Corporation (NYSE, TSX: BIPC), a Canadian corporation.