Brookfield Infrastructure Partners (TSE:BIP.UN) Stock Price Passes Below 200 Day Moving Average – Should You Sell?

Brookfield Infrastructure Partners L.P. (TSE:BIP.UNGet Free Report) (NYSE:BIP) passed 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.

Brookfield Infrastructure Partners Stock Performance

The company has a market cap of C$19.01 billion, a P/E ratio of -228.72, a P/E/G ratio of -2.12 and a beta of 1.05. The business has a fifty day moving average of C$46.20 and a 200 day moving average of C$46.23. The company has a quick ratio of 0.45, a current ratio of 0.81 and a debt-to-equity ratio of 180.01.

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.

Further Reading

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