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After finishing at $39.86 in the prior trading day, Brookfield Infrastructure Corp (NYSE: BIPC) closed at $39.36, down -1.25%. In other words, the price has decreased by -$1.25 from its previous closing price. On the day, 0.53 million shares were traded. BIPC stock price reached its highest trading level at $39.855 during the session, while it also had its lowest trading level at $39.02.
Ratios:
Our goal is to gain a better understanding of BIPC by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 20.27 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.08. For the most recent quarter (mrq), Quick Ratio is recorded 0.43 and its Current Ratio is at 0.43.
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 5211303424 and an Enterprise Value of 22069039104. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.55. Its current Enterprise Value per Revenue stands at 6.065 whereas that against EBITDA is 7.366.
Stock Price History:
Over the past 52 weeks, BIPC has reached a high of $45.29, while it has fallen to a 52-week low of $28.47. The 50-Day Moving Average of the stock is -8.01%, while the 200-Day Moving Average is calculated to be 4.21%.
Shares Statistics:
The stock has traded on average 395.47K shares per day over the past 3-months and 351900 shares per day over the last 10 days, according to various share statistics. A total of 132.02M shares are outstanding, with a floating share count of 132.00M. Insiders hold about 7.78% of the company’s shares, while institutions hold 67.88% stake in the company. Shares short for BIPC as of 1732838400 were 6299580 with a Short Ratio of 15.93, compared to 1730332800 on 5791088.
Dividends & Splits
In the trailing 12 months, BIPC’s forward annual dividend rate was 1.598, compared to 1.62 this year. Against a Trailing Annual Dividend Yield of 0.040090315
