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

Brookfield Renewable Partners LP (TSE:BEP.UN) (NYSE:BEP)’s stock price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$39.93 and traded as high as C$45.25. Brookfield Renewable Partners shares last traded at C$44.13, with a volume of 432,352 shares trading hands.

Brookfield Renewable Partners Price Performance

The firm’s fifty day simple moving average is C$42.22 and its 200-day simple moving average is C$40.05. The firm has a market capitalization of C$14.10 billion, a PE ratio of -184.28, a PEG ratio of 8.53 and a beta of 1.09. The company has a quick ratio of 0.45, a current ratio of 0.52 and a debt-to-equity ratio of 107.80.

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