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

Brookfield Renewable Partners logo with Utilities background
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Key Points

  • Technical breakout: Shares of Brookfield Renewable crossed above its 200‑day moving average (C$39.49), traded as high as C$43.85 and last changed hands at C$42.49 on volume of 684,875 shares.
  • Weak profitability and leverage: The company shows a negative PE (-169.96), a negative net margin (-4.2%), low liquidity (current ratio 0.52) and very high debt-to-equity (107.8), indicating profitability and balance-sheet concerns despite a small positive ROE.
  • Scale and recent results: Brookfield Renewable is a globally diversified clean‑energy owner with ~21 GW of capacity and a C$13.0B market cap; it reported C$0.74 EPS for the quarter, while sell‑side analysts expect about C$0.10 EPS for the current fiscal year.
  • MarketBeat previews the top five stocks to own by May 1st.

Shares of Brookfield Renewable Partners LP (TSE:BEP.UN - Get Free Report) NYSE: BEP crossed 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 traded.

Brookfield Renewable Partners Price Performance

The company has a market capitalization of C$13.00 billion, a PE ratio of -169.96, a PEG ratio of 8.53 and a beta of 1.09. The company has a current ratio of 0.52, a quick ratio of 0.45 and a debt-to-equity ratio of 107.80. The company's 50 day moving average price is C$41.40 and its 200-day moving average price is C$39.49.

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

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. 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.

See Also

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