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The price of Brookfield Infrastructure Corp (NYSE: BIPC) closed at $44.47 in the last session, down -0.89% from day before closing price of $44.87. In other words, the price has decreased by -$0.89 from its previous closing price. On the day, 0.91 million shares were traded. BIPC stock price reached its highest trading level at $45.007 during the session, while it also had its lowest trading level at $43.68.
Ratios:
We take a closer look at BIPC’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.41 and its Current Ratio is at 0.41.
On May 27, 2020, BofA/Merrill started tracking the stock assigning a Buy rating and target price of $53.BofA/Merrill initiated its Buy rating on May 27, 2020, with a $53 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BIPC now has a Market Capitalization of 5324235776 and an Enterprise Value of 21779929088. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.61. Its current Enterprise Value per Revenue stands at 5.957 whereas that against EBITDA is 7.451.
Stock Price History:
The Beta on a monthly basis for BIPC is 1.35, which has changed by 0.11009407 over the last 52 weeks, in comparison to a change of 0.16623151 over the same period for the S&P500. Over the past 52 weeks, BIPC has reached a high of $47.71, while it has fallen to a 52-week low of $32.08. The 50-Day Moving Average of the stock is -2.21%, while the 200-Day Moving Average is calculated to be 7.58%.
Shares Statistics:
According to the various share statistics, BIPC traded on average about 589.76K shares per day over the past 3-months and 449380 shares per day over the past 10 days. A total of 119.07M shares are outstanding, with a floating share count of 118.90M. Insiders hold about 9.97% of the company’s shares, while institutions hold 63.59% stake in the company. Shares short for BIPC as of 1765756800 were 7193652 with a Short Ratio of 12.20, compared to 1763078400 on 7071959.
Dividends & Splits
The forward annual dividend rate for BIPC is 1.72, which was 1.695 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.0377758. The stock’s 5-year Average Dividend Yield is 3.65.
