Free Trial

Brookfield Renewable Partners (TSE:BEP.UN) Share Price Crosses Above 200 Day Moving Average - Here's What Happened

Brookfield Renewable Partners logo with Utilities background
Remove Ads

Brookfield Renewable Partners LP (TSE:BEP.UN - Get Free Report) NYSE: BEP shares passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$34.03 and traded as high as C$34.14. Brookfield Renewable Partners shares last traded at C$34.13, with a volume of 530,412 shares.

Brookfield Renewable Partners Stock Down 1.1 %

The company has a market cap of C$9.52 billion, a price-to-earnings ratio of -38.38, a price-to-earnings-growth ratio of 8.53 and a beta of 0.89. 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's 50-day moving average price is C$31.82 and its 200-day moving average price is C$34.05.

Brookfield Renewable Partners Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 31st will be given a dividend of $0.373 per share. This is a boost from Brookfield Renewable Partners's previous quarterly dividend of $0.36. This represents a $1.49 dividend on an annualized basis and a dividend yield of 4.47%. The ex-dividend date is Friday, February 28th. Brookfield Renewable Partners's payout ratio is presently -219.54%.

Insiders Place Their Bets

In related news, Director Jeffrey Miles Blidner purchased 10,000 shares of the firm's stock in a transaction dated Monday, February 10th. The stock was acquired at an average price of C$31.78 per share, with a total value of C$317,800.00.

Brookfield Renewable Partners Company Profile

(Get Free Report)

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.

See Also

Should You Invest $1,000 in Brookfield Renewable Partners Right Now?

Before you consider Brookfield Renewable Partners, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Brookfield Renewable Partners wasn't on the list.

While Brookfield Renewable Partners currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Metaverse Stocks And Why You Can't Ignore Them Cover

Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.

Get This Free Report
Like this article? Share it with a colleague.
Remove Ads

Featured Articles and Offers

Donald Trump Owns These 7 Stocks, Should You?

Donald Trump Owns These 7 Stocks, Should You?

He’s one of the most talked-about billionaires in the world—but when it comes to investing, Donald Trump’s stock picks are shockingly… low-key.

Related Videos

Donald Trump Owns These 7 Stocks, Should You?
Quantum Stocks Are Heating Up Again — 7 to Watch Now
Quantum Stocks Are Heating Up Again — 7 to Watch Now

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines

Remove Ads