Breaking Finance News

Zacks Investment Research upgraded Macquarie Infrastructure Corp (NYSE:MIC) to Hold in a report released today.

Having a price of $80.27, Macquarie Infrastructure Corp (NYSE:MIC) traded 0.48% higher on the day. The last stock close price is down -0.37% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.03% over the same time period. The company has recorded a 50-day moving average of $78.96 and a 200-day moving average of $80.50. Trade Volume was down over the average, with 345,273 shares of MIC changing hands under the typical 690,373

Zacks Investment Research has upgraded Macquarie Infrastructure Corp (NYSE:MIC) to Hold in a statement released on Friday April 21, 2017.

Performance Chart

Macquarie Infrastructure Corp (NYSE:MIC)

Macquarie Infrastructure Corp has a 52 week low of $67.32 and a 52 week high of $85.45 with a PE ratio of 43.42 Macquarie Infrastructure Corp’s market capitalization is currently $0.

More About Macquarie Infrastructure Corp (NYSE:MIC)

Macquarie Infrastructure Corporation owns and operates a group of businesses that provide services, such as bulk liquid terminalling and handling services. The Company operates through four segments: International-Matex Tank Terminals (IMTT), Atlantic Aviation, Contracted Power (CP) and MIC Hawaii. Its group of businesses also provides services, such as aircraft fueling, CP generation and utility gas services. Its group of businesses provides services to businesses, government agencies and individuals in the United States. IMTT segment provides bulk liquid terminal services in the United States. As of December 31, 2016, Atlantic Aviation operated Fixed based operations (FBOs) at 69 airports in the United States. The businesses in its CP segment sell electricity to off-takers, pursuant to multi-year contracts. MIC Hawaii segment consists of Hawaii Gas and several smaller businesses. Hawaii Gas consists of a gas utility and a liquefied petroleum gas (LPG) distribution business.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.

Leave a Reply

Your email address will not be published. Required fields are marked *