Brookfield Renewable Partners (TSE:BEP.UN) Stock Price Passes Above Two Hundred Day Moving Average – Here’s Why

Brookfield Renewable Partners LP (TSE:BEP.UN) (NYSE:BEP)’s share price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$34.21 and traded as high as C$36.43. Brookfield Renewable Partners shares last traded at C$35.53, with a volume of 249,358 shares trading hands.

Brookfield Renewable Partners Price Performance

The company has a market capitalization of C$10.13 billion, a P/E ratio of -41.80, a PEG ratio of 8.53 and a beta of 0.89. The business has a 50 day simple moving average of C$34.62 and a 200-day simple moving average of C$34.21. 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 Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Friday, September 27th were paid a $0.355 dividend. This represents a $1.42 dividend on an annualized basis and a dividend yield of 4.00%. The ex-dividend date of this dividend was Friday, August 30th. Brookfield Renewable Partners’s dividend payout ratio (DPR) is presently -224.71%.

Insider Buying and Selling at Brookfield Renewable Partners

In other Brookfield Renewable Partners news, Director Nancy Patricia Dorn acquired 1,728 shares of the company’s stock in a transaction dated Monday, August 26th. The stock was bought at an average price of C$39.06 per share, for a total transaction of C$67,498.17.

Brookfield Renewable Partners Company Profile

Brookfield Renewable Partners L.P. owns a portfolio of renewable power generating facilities in the North America, Colombia, Brazil, Europe, and internationally. The company operates through Hydroelectric; Wind; and Solar, Storage, and others segments. It operates 840 generation facilities using hydro, solar, wind, biomass, and other renewable technologies.