Brookfield Renewable Partners (TSE:BEP.UN) Stock Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

Brookfield Renewable Partners LP (TSE:BEP.UN) (NYSE:BEP) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$38.91 and traded as high as C$42.52. Brookfield Renewable Partners shares last traded at C$41.55, with a volume of 504,737 shares changing hands.

Brookfield Renewable Partners Stock Performance

The stock has a market capitalization of C$12.71 billion, a P/E ratio of -166.20, a price-to-earnings-growth ratio of 8.53 and a beta of 1.20. 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 has a 50-day moving average price of C$40.33 and a two-hundred day moving average price of C$38.91.

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

About Brookfield Renewable Partners

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.