Brookfield Infrastructure Partners (TSE:BIP.UN) Shares Pass Below 200 Day Moving Average – What’s Next?

Brookfield Infrastructure Partners L.P. (TSE:BIP.UNGet Free Report) (NYSE:BIP)’s stock price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred 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 firm’s fifty day simple moving average is C$46.20 and its 200 day simple moving average is C$46.20. The company has a current ratio of 0.81, a quick ratio of 0.45 and a debt-to-equity ratio of 180.01. The company has a market cap of C$19.01 billion, a price-to-earnings 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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