FTAI Infrastructure (NASDAQ:FIP) Posts Quarterly Earnings Results

FTAI Infrastructure (NASDAQ:FIP) posted its quarterly earnings results on Thursday. The company reported ($0.74) EPS for the quarter, Zacks reports. FTAI Infrastructure had a negative return on equity of 46.25% and a negative net margin of 44.32%.

FTAI Infrastructure Price Performance

NASDAQ FIP traded up $0.21 during trading hours on Thursday, hitting $5.69. The company had a trading volume of 1,398,393 shares, compared to its average volume of 1,053,045. The company has a debt-to-equity ratio of 6.07, a quick ratio of 1.42 and a current ratio of 1.42. The firm has a market capitalization of $647.21 million, a price-to-earnings ratio of -2.87 and a beta of 1.44. FTAI Infrastructure has a 52 week low of $4.28 and a 52 week high of $10.45. The firm has a 50 day simple moving average of $7.03 and a 200 day simple moving average of $8.24.

FTAI Infrastructure Company Profile

FTAI Infrastructure Inc focuses on acquiring, developing, and operating assets and businesses that represent infrastructure for customers in the transportation, energy, and industrial products industries in North America. The company operates through five segments: Railroad, Jefferson Terminal, Repauno, Power and Gas, and Sustainability and Energy Transition.