Brookfield Renewable Partners (TSE:BEP.UN) Reaches New 1-Year High - Should You Buy?

Key Points

• Brookfield Renewable's shares hit a new 52-week high intraday at C$48.50 (last C$47.46) on Tuesday, though the stock was roughly 0.9% lower versus the prior close on volume of 223,215 shares.
• The company reported C$0.74 EPS for the quarter but showed a negative net margin (-4.2%), very low liquidity (quick ratio 0.45, current ratio 0.52) and a high debt-to-equity ratio of 107.8.
• Brookfield Renewable is a globally diversified owner/operator of hydro, wind, solar and storage assets with about 21 GW of installed capacity and a market cap of C$14.52 billion.

Brookfield Renewable Partners LP (TSE:BEP.UN - Get Free Report) NYSE: BEP's share price reached a new 52-week high during trading on Tuesday . The company traded as high as C$48.50 and last traded at C$47.46, with a volume of 223215 shares traded. The stock had previously closed at C$47.91.

Brookfield Renewable Partners Stock Down 0.9%

The company has a quick ratio of 0.45, a current ratio of 0.52 and a debt-to-equity ratio of 107.80. The company has a market cap of C$14.52 billion, a PE ratio of -189.84, a P/E/G ratio of 8.53 and a beta of 0.94. The stock has a 50-day moving average of C$43.43 and a 200-day moving average of C$40.74.

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

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