On Friday, Brookfield Renewable Partners LP (NYSE: BEP) opened higher 2.84% from the last session, before settling in for the closing price of $20.80. Price fluctuations for BEP have ranged from $19.92 to $29.56 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Utilities sector saw sales slided by -0.03%. Company’s average yearly earnings per share was noted -48.96% at the time writing. With a float of $275.47 million, this company’s outstanding shares have now reached $285.11 million.
In terms of profitability, gross margin is 29.46%, operating margin of 16.88%, and the pretax margin is -2.22%.
Brookfield Renewable Partners LP (BEP) Insider Updates
A key investor’s attitude towards the stock of the Utilities – Renewable industry is another important factor to consider. The insider ownership of Brookfield Renewable Partners LP is 3.41%, while institutional ownership is 62.82%.
Brookfield Renewable Partners LP (BEP) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.31 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -48.96% per share during the next fiscal year.
Brookfield Renewable Partners LP (NYSE: BEP) Trading Performance Indicators
Check out the current performance indicators for Brookfield Renewable Partners LP (BEP). In the past quarter, the stock posted a quick ratio of 0.71. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.81.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.12, a number that is poised to hit -0.26 in the next quarter and is forecasted to reach 0.26 in one year’s time.
Technical Analysis of Brookfield Renewable Partners LP (BEP)
The latest stats from [Brookfield Renewable Partners LP, BEP] show that its last 5-days average volume of 1.51 million was superior to 1.03 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 31.36%. Additionally, its Average True Range was 0.77.
During the past 100 days, Brookfield Renewable Partners LP’s (BEP) raw stochastic average was set at 15.25%, which indicates a significant decrease from 35.25% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 36.28% in the past 14 days, which was higher than the 33.98% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $23.67, while its 200-day Moving Average is $25.02. Now, the first resistance to watch is $21.69. This is followed by the second major resistance level at $21.98. The third major resistance level sits at $22.34. If the price goes on to break the first support level at $21.04, it is likely to go to the next support level at $20.68. Assuming the price breaks the second support level, the third support level stands at $20.39.
Brookfield Renewable Partners LP (NYSE: BEP) Key Stats
There are currently 285,180K shares outstanding in the company with a market cap of 6.10 billion. Presently, the company’s annual sales total 5,709 M according to its annual income of -21,000 K. Last quarter, the company’s sales amounted to 1,625 M and its income totaled -73,000 K.
