Brookfield Renewable (TSE:BEPC) Shares Up 4.9% – What’s Next?

Brookfield Renewable Co. (TSE:BEPC)’s share price shot up 4.9% during mid-day trading on Wednesday . The stock traded as high as C$59.48 and last traded at C$59.36. 232,057 shares traded hands during mid-day trading, a decline of 6% from the average session volume of 247,875 shares. The stock had previously closed at C$56.57.

Brookfield Renewable Stock Up 4.9%

The firm has a fifty day simple moving average of C$56.74 and a 200-day simple moving average of C$55.62. The company has a market capitalization of C$10.70 billion, a P/E ratio of -4.55, a P/E/G ratio of 0.84 and a beta of 1.00. The company has a quick ratio of 0.19, a current ratio of 0.26 and a debt-to-equity ratio of -3,900.25.

Brookfield Renewable (TSE:BEPC) last announced its quarterly earnings results on Friday, February 27th. The company reported C($1.89) earnings per share (EPS) for the quarter. Brookfield Renewable had a negative return on equity of 1,338.86% and a negative net margin of 63.99%.The business had revenue of C$938.00 million during the quarter. On average, equities research analysts expect that Brookfield Renewable Co. will post 2.8461008 EPS for the current fiscal year.

Brookfield Renewable 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 21,000 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.