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

Brookfield Renewable Partners LP (TSE:BEP.UN) (NYSE:BEP)’s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$34.70 and traded as high as C$36.53. Brookfield Renewable Partners shares last traded at C$35.81, with a volume of 196,532 shares trading hands.

Brookfield Renewable Partners Trading Down 1.2 %

The firm has a market capitalization of C$10.21 billion, a PE ratio of -41.16, a P/E/G ratio of 8.53 and a beta of 0.89. The company has a debt-to-equity ratio of 107.80, a quick ratio of 0.45 and a current ratio of 0.52. The firm has a fifty day moving average of C$35.57 and a 200 day moving average of C$34.70.

Brookfield Renewable Partners Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Friday, September 27th were issued a dividend of $0.355 per share. The ex-dividend date of this dividend was Friday, August 30th. This represents a $1.42 annualized dividend and a yield of 3.97%. Brookfield Renewable Partners’s dividend payout ratio is presently -219.54%.

Insiders Place Their Bets

In other Brookfield Renewable Partners news, Director Nancy Patricia Dorn acquired 1,728 shares of the company’s stock in a transaction on Monday, August 26th. The shares were bought at an average cost 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.