Closing Bell: Brookfield Infra Partners LP Units up on Tuesday (BIP-UN)

In market activity today, Brookfield Infra Partners LP Units opened at $42.75 and closed at $43.32. Intraday prices ranged from $42.43 to $43.35.

The price gained 1.24% from the previous day's close of $42.79.

During the day across North America, the TSX Composite closed 0.20% at 22824.67, the S&P 500 closed 0.08% at 5463.54, the Dow Jones Industrial Average closed -0.12% at 40539.93 and the Nasdaq Composite closed 0.07% at 17370.20.

Brookfield Infra Partners LP Units traded under BIP-UN on the Toronto Stock Exchange (TSX).

Trading volume was 335,050 on 1,510 total trades. On average, Brookfield Infra Partners LP Units has traded 359,912 shares over the last 5-days and 498,589 year-to-date.

The TSX market on the whole today saw 2,584 price advancers against 2,644 declines and 86 unchanged.

During the prior 52 weeks, BIP-UN.TO has traded as high as $47.34 (July 31,2023) and low as $29.12 (October 30,2023). Moreover, in the last 12 months, Brookfield Infra Partners LP Units's shares have eased -7.24%, while in 2024, they have boosted 3.74%.

It announced a 0.41 dividend on May 01/24, with an May 31/24 ex-date and June 28/24 pay day.

Following today's trading, Brookfield Infra Partners LP Units has a market capitalization of $19.75 billion on a float of 461,490 shares outstanding. Its annual EPS is $0.31.

Brookfield Infra Partners LP Units is a TSX Utilities Diversified company headquartered in Hamilton, BMU.

Based on 8.00 analysts, Brookfield Infra Partners LP Units gets an average recommendation of "Strong Buy" according to Zacks. Currently, there are 7 buy ratings and 1 hold ratings for the stock.

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This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..