Brookfield Renewable (TSE:BEPC) Trading 6.8% Higher – Time to Buy?

Brookfield Renewable Co. (TSE:BEPC)’s share price traded up 6.8% on Friday . The company traded as high as C$57.56 and last traded at C$56.71. 455,163 shares traded hands during trading, an increase of 100% from the average session volume of 228,055 shares. The stock had previously closed at C$53.08.

Brookfield Renewable Stock Up 6.8%

The business has a 50-day moving average of C$54.37 and a 200 day moving average of C$52.43. The company has a market capitalization of C$10.19 billion, a PE ratio of -11.61, a P/E/G ratio of 0.84 and a beta of 1.12. The company has a debt-to-equity ratio of 282.96, a current ratio of 0.51 and a quick ratio of 0.19.

Brookfield Renewable (TSE:BEPC) last released its quarterly earnings results on Wednesday, November 5th. The company reported C$0.46 earnings per share for the quarter. The business had revenue of C$931.00 million during the quarter. Brookfield Renewable had a negative return on equity of 9.33% and a negative net margin of 16.64%. Equities research analysts predict that Brookfield Renewable Co. will post 2.8461008 earnings per share for the current year.

About Brookfield Renewable

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 21,000 megawatts of installed capacity. Brookfield Renewable invests in assets directly as well as with institutional partners and joint venture partners and through other arrangements. The company offers two separate listings for investors: Brookfield Renewable Partners LP (BEP) and Brookfield Renewable Corp.