Brookfield Renewable Partners (TSE:BEP.UN) Share Price Crosses Above 200-Day Moving Average – What’s Next?

Shares of Brookfield Renewable Partners LP (TSE:BEP.UN) (NYSE:BEP) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$39.17 and traded as high as C$42.40. Brookfield Renewable Partners shares last traded at C$42.07, with a volume of 300,088 shares changing hands.

Brookfield Renewable Partners Stock Down 0.3%

The stock has a fifty day moving average price of C$40.85 and a 200 day moving average price of C$39.17. 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 stock has a market capitalization of C$12.87 billion, a P/E ratio of -168.28, a price-to-earnings-growth ratio of 8.53 and a beta of 1.09.

Brookfield Renewable Partners (TSE:BEP.UN) (NYSE:BEP) last released its quarterly earnings data on Friday, January 30th. The company reported C$0.74 earnings per share (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, research 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.