Stock Performance Shows Significant Decline
In trading on Wednesday, shares of Brookfield Infrastructure Partners LP (Symbol: BIP) fell below their 200-day moving average, which stands at $31.18. The stock traded as low as $30.10 per share, reflecting a decline of approximately 6.4% for the day. The chart below illustrates the one-year performance of BIP shares in relation to this key moving average:
According to the chart, BIP’s lowest point in the past 52 weeks is $24.8401 per share, while the highest point reached was $36.50. The most recent trade price stood at $30.42.
Click here to find out which 9 other energy stocks recently crossed below their 200-day moving average »
Additional Insights:
BDSI Insider Buying
Funds Holding BAND
PERY Split History
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.