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

In market activity today, Brookfield Infra Partners LP Units opened at $43.34 and closed at $42.79. prices ranged from $42.36 to $43.59.

The price dipped -1.27 percent from the previous day's close of $43.34.

During the day across North America, the TSX Composite closed -0.15% at 22779.57, the S&P 500 closed 1.11% at 5459.10, the Dow Jones Industrial Average closed 1.64% at 40589.34 and the Nasdaq Composite closed 1.03% at 17357.88.

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

A total of 271,438 shares was traded during the last trading day, with total trades of 1,540, with an average volume of 355,975 over 5 days.

Trading across the entire TSX saw 1,903 price advancers against 3,356 declines and 91 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 52 weeks, Brookfield Infra Partners LP Units's shares have dipped -8.37%, while they have advanced 2.47% since the start of 2024.

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 $20.00 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.

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..