Closing Bell: Brookfield Infra Partners LP Units down on Thursday (BIP-UN)

In trading today, shares of Brookfield Infra Partners LP Units opened at $44.06 and closed at $42.98. It traded at a low of $42.60 to a high of $44.95.

Shares dipped -1.49% from the previous day's close of $43.63.

Today across North America, the TSX Composite closed -1.68% at 22723.21, the S&P 500 closed 1.58% at 5522.30, the Dow Jones Industrial Average closed 0.24% at 40842.79 and the Nasdaq Composite closed 2.64% at 17599.40.

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

Trading volume was 517,696 on 2,572 total trades, with an average volume of 387,524 over 5 days.

Trading across the entire TSX saw 907 price advancers against 4,327 declines and 72 unchanged.

During the prior 52 weeks, BIP-UN.TO has traded as high as $46.15 (August 02,2023) and low as $29.12 (October 30,2023). Moreover, the shares have dipped -7.33 percent in the last 12 months, while this year, they have advanced 2.92%.

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 $20.13 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.

Brookfield Infra Partners LP Units's average recommendation is "Strong Buy" based on 8.00 analysts according to Zacks. From those 8 analysts, 7 have buy ratings and 1 analysts gave hold ratings.

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