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

Brookfield Infra Partners LP Units opened trading today at $42.07 and closed at $42.57. Intraday prices ranged from a low of $41.57 to a high of $42.86.

Shares gained 1.72 percent from the previous day's close of $41.85.

Today across North America, the TSX Composite closed 0.80% at 22872.65, the S&P 500 closed -0.71% at 5505.00, the Dow Jones Industrial Average closed -0.93% at 40287.53 and the Nasdaq Composite closed -0.81% at 17726.94.

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

Trading volume was 452,374 on 2,166 total trades, with an average volume of 460,477 over the last 5 days.

The TSX market on the whole today saw 3,734 price advancers against 1,480 declines and 101 unchanged.

During the prior 52 weeks, BIP-UN.TO has traded as high as $47.79 (July 26,2023) and low as $29.12 (October 30,2023). Moreover, the shares have dipped -9.66 percent in the last 52 weeks, while they have boosted 1.94% this year.

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 $19.31 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.

Currently, Brookfield Infra Partners LP Units has an average recommendation of "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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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..