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Brookfield Renewable Partners (TSE:BEP.UN) Stock Crosses Above Two Hundred Day Moving Average - What's Next?

Brookfield Renewable Partners logo with Utilities background

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 traded.

Brookfield Renewable Partners Stock Down 1.6%

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 has a 50 day simple moving average of C$32.64 and a 200-day simple moving average of C$32.32. The stock has a market capitalization of C$9.77 billion, a price-to-earnings ratio of -39.41, a price-to-earnings-growth ratio of 8.53 and a beta of 0.89.

Brookfield Renewable Partners Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Monday, June 30th will be issued a dividend of $0.373 per share. This represents a $1.49 annualized dividend and a dividend yield of 4.35%. The ex-dividend date is Friday, May 30th. Brookfield Renewable Partners's payout ratio is -219.54%.

Insider Activity at Brookfield Renewable Partners

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

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.

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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