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

Brookfield Infra Partners LP Units opened trading today at $42.55 and closed at $42.08. It traded at a low of $41.51 to a high of $43.29.

The price decreased -2.09% from the previous day's close of $42.98.

Today across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -1.37% at 5446.68, the Dow Jones Industrial Average closed -1.21% at 40347.97 and the Nasdaq Composite closed -2.30% at 17194.15.

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

Trading volume was 623,607 on 2,768 total trades, with an average volume of 444,177 in the last five days.

Trading across the entire TSX saw 741 price advancers against 4,512 declines and 69 unchanged.

During the prior 52 weeks, BIP-UN.TO has traded as high as $45.08 (August 14,2023) and low as $29.12 (October 30,2023). Moreover, in the last 12 months, Brookfield Infra Partners LP Units's shares have eased -5.69%, while they have advanced 0.77% year-to-date.

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 $19.83 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 is holding an average recommendation of "Strong Buy" from 8.00 analysts according to Zacks. From those 8 analysts, 7 have buy ratings and 1 analysts gave hold ratings.

AI at The Globe and Mail
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..