Brookfield Infrastructure (TSE:BIPC) Sets New 52-Week High – What’s Next?

Brookfield Infrastructure Co. (TSE:BIPCGet Free Report)’s share price hit a new 52-week high on Monday . The stock traded as high as 61.79 and last traded at 61.79, with a volume of 11667 shares. The stock had previously closed at 60.80.

Brookfield Infrastructure Price Performance

The firm’s 50 day simple moving average is 58.10 and its two-hundred day simple moving average is 52.34. The firm has a market cap of $8.02 billion, a price-to-earnings ratio of 4.52 and a beta of 1.41. The company has a current ratio of 0.59, a quick ratio of 0.24 and a debt-to-equity ratio of 374.93.

Brookfield Infrastructure Company Profile

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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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