Brookfield Renewable Partners (TSE:BEP.UN) Stock Price Passes Above 200 Day Moving Average – Time to Sell?

Brookfield Renewable Partners LP (TSE:BEP.UN) (NYSE:BEP)’s stock price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$39.49 and traded as high as C$43.85. Brookfield Renewable Partners shares last traded at C$42.49, with a volume of 684,875 shares changing hands.

Brookfield Renewable Partners Trading Down 3.0%

The company’s 50-day moving average is C$41.40 and its 200-day moving average is C$39.52. The company has a debt-to-equity ratio of 107.80, a quick ratio of 0.45 and a current ratio of 0.52. The firm has a market cap of C$13.00 billion, a price-to-earnings ratio of -169.96, a P/E/G ratio of 8.53 and a beta of 1.09.

Brookfield Renewable Partners (TSE:BEP.UN) (NYSE:BEP) last posted its quarterly earnings data on Friday, January 30th. The company reported C$0.74 earnings per share (EPS) for the quarter. The firm had revenue of C($371.30) million for the quarter. Brookfield Renewable Partners had a positive return on equity of 0.46% and a negative net margin of 4.20%. On average, research analysts predict that Brookfield Renewable Partners LP will post 0.1012093 earnings per share for the current year.

Brookfield Renewable Partners Company Profile

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. Brookfield Renewable invests in assets directly, as well as with institutional partners, joint venture partners, and through other arrangements. The company offers two separate listings for investors: Brookfield Renewable Partners LP and Brookfield Renewable Corporation.