Brookfield Renewable Partners (TSE:BEP.UN) Stock Crosses Above 200 Day Moving Average – Should You Sell?

Shares of Brookfield Renewable Partners LP (TSE:BEP.UN) (NYSE:BEP) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$34.03 and traded as high as C$34.14. Brookfield Renewable Partners shares last traded at C$34.13, with a volume of 530,412 shares.

Brookfield Renewable Partners Stock Up 1.0 %

The company has a quick ratio of 0.45, a current ratio of 0.52 and a debt-to-equity ratio of 107.80. The stock has a 50-day simple moving average of C$31.78 and a two-hundred day simple moving average of C$34.05. The firm has a market cap of C$9.73 billion, a PE ratio of -39.23, a P/E/G ratio of 8.53 and a beta of 0.89.

Brookfield Renewable Partners Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 31st will be issued a $0.373 dividend. This represents a $1.49 dividend on an annualized basis and a dividend yield of 4.37%. This is a positive change from Brookfield Renewable Partners’s previous quarterly dividend of $0.36. The ex-dividend date is Friday, February 28th. Brookfield Renewable Partners’s payout ratio is presently -219.54%.

Insider Buying and Selling

In other news, Director Jeffrey Miles Blidner acquired 10,000 shares of the stock in a transaction dated Monday, February 10th. The stock was purchased at an average cost of C$31.78 per share, with a total value of C$317,800.00.

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.