Brookfield Renewable Partners (TSE:BEP.UN) Shares Pass Above 200-Day Moving Average - Should You Sell?

Brookfield Renewable Partners LP (TSE:BEP.UN - Get Free Report) NYSE: BEP shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$32.32 and traded as high as C$35.21. Brookfield Renewable Partners shares last traded at C$34.29, with a volume of 449,405 shares trading hands.

Brookfield Renewable Partners Stock Up 1.5%

The firm has a market capitalization of C$10.00 billion, a PE ratio of -40.33, a P/E/G ratio of 8.53 and a beta of 0.89. The stock has a 50-day simple moving average of C$32.73 and a 200-day simple moving average of C$32.29. The company has a quick ratio of 0.45, a current ratio of 0.52 and a debt-to-equity ratio of 107.80.

Brookfield Renewable Partners Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Monday, June 30th will be given a dividend of $0.373 per share. The ex-dividend date of this dividend is Friday, May 30th. This represents a $1.49 annualized dividend and a dividend yield of 4.25%. Brookfield Renewable Partners's dividend payout ratio is currently -219.54%.

Insider Activity

In other news, Senior Officer Nancy Patricia Dorn bought 2,470 shares of the stock in a transaction on Tuesday, May 20th. The shares were acquired at an average cost of C$42.52 per share, for a total transaction of C$105,028.80.

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.