FTAI Infrastructure Stock (NASDAQ:FIP)
Previous Close
$8.67
52W Range
$3.42 - $10.46
50D Avg
$8.99
200D Avg
$7.85
Market Cap
$979.35M
Avg Vol (3M)
$1.33M
Beta
1.58
Div Yield
$0.12 (1.39%)
FIP Company Profile
FTAI Infrastructure Inc. focuses on acquiring, developing, and operating assets and businesses that represent infrastructure for customers in the transportation and energy industries. It operates a multi-modal crude oil and refined products terminal, and other related assets. The company also has a 1,630-acre deep-water port located along the Delaware River with an underground storage cavern, a multipurpose dock, a rail-to-ship transloading system, and multiple industrial development opportunities; and a 1,660-acre multi-modal port located along the Ohio River with rail, dock, and multiple industrial development opportunities, including a power plant under construction. In addition, it operates five freight railroads and one switching facility. FTAI Infrastructure Inc. was incorporated in 2021 and is based in New York, New York. FTAI Infrastructure Inc. (NasdaqGS : FIP) operates independently of Fortress Transportation and Infrastructure Investors LLC as of August 1, 2022.