Brookfield Renewable Partners (TSE:BEP.UN) Hits New 52-Week Low - Time to Sell?

Brookfield Renewable Partners LP (TSE:BEP.UN - Get Free Report) NYSE: BEP's share price reached a new 52-week low during mid-day trading on Monday . The company traded as low as C$27.50 and last traded at C$28.05, with a volume of 99907 shares trading hands. The stock had previously closed at C$29.28.

Brookfield Renewable Partners Stock Down 0.2 %

The company's 50-day simple moving average is C$32.05 and its 200 day simple moving average is C$33.69. The company has a debt-to-equity ratio of 107.80, a current ratio of 0.52 and a quick ratio of 0.45. The firm has a market cap of C$8.46 billion, a P/E ratio of -34.11, a price-to-earnings-growth ratio of 8.53 and a beta of 0.89.

Brookfield Renewable Partners Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 31st were given a $0.373 dividend. The ex-dividend date was Friday, February 28th. This represents a $1.49 annualized dividend and a yield of 5.03%. This is a positive change from Brookfield Renewable Partners's previous quarterly dividend of $0.36. Brookfield Renewable Partners's dividend payout ratio (DPR) is currently -219.54%.

Insider Buying and Selling at Brookfield Renewable Partners

In other news, Director Jeffrey Miles Blidner purchased 10,000 shares of the company's stock in a transaction that occurred on Monday, February 10th. The stock was purchased at an average cost of C$31.78 per share, with a total value of C$317,800.00.

About Brookfield Renewable Partners

Brookfield Renewable is a globally diversified, multitechnology owner and operator of clean energy assets. The company's portfolio consists of hydroelectric, wind, solar, and storage facilities in North America, South America, Europe, and Asia, and totals approximately 21 gigawatts of installed capacity.