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

Automated Summaries - The Globe and Mail - Wed Aug 7, 4:01PM CDT

Today, Brookfield Infra Partners LP Units shares closed at $41.16 after opening the day at $41.82. Intraday prices ranged from $39.75 to $41.82.

The price shrank -0.31 percent from the previous day's close of $41.29.

Today across North America, the TSX Composite closed -0.45% at 21880.95, the S&P 500 closed -0.77% at 5199.50, the Dow Jones Industrial Average closed -0.60% at 38763.45 and the Nasdaq Composite closed 1.03% at 16366.85.

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

Trading volume was 2,304,018 on 3,123 total trades. On average, Brookfield Infra Partners LP Units has traded 937,638 shares over the last 5-days and 513,031 year-to-date.

The TSX overall saw 1,858 price advancers against 3,319 declines and 108 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 52 weeks, Brookfield Infra Partners LP Units's shares have decreased -6.24 percent, while in 2024, they have eased -1.44%.

It announced a 0.41 dividend on August 01/24, with an August 30/24 ex-date and September 27/24 pay day.

Following today's trading, Brookfield Infra Partners LP Units has a market capitalization of $19.42 billion on a float of 461,490 shares outstanding. Its annual EPS is $-0.13.

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 9.00 analysts according to Zacks. From those 9 analysts, 8 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..