On Tuesday, Brookfield Renewable Partners LP (NYSE: BEP) opened higher 1.53% from the last session, before settling in for the closing price of $22.16. Price fluctuations for BEP have ranged from $19.92 to $29.56 over the past 52 weeks.
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A company in the Utilities sector has jumped its sales by 3.48% annually for the last half of the decade. Company’s average yearly earnings per share was noted 26.07% at the time writing. With a float of $275.71 million, this company’s outstanding shares have now reached $285.18 million.
In an organization with 5270 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 38.16%, operating margin of 22.95%, and the pretax margin is -2.87%.
Brookfield Renewable Partners LP (BEP) Insider and Institutional Ownership
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 3.23%, while institutional ownership is 66.02%.
Brookfield Renewable Partners LP (BEP) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 26.07% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 25.18% during the next five years compared to -6.51% drop over the previous five years of trading.
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 0.60. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.12.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.89, a number that is poised to hit -0.28 in the next quarter and is forecasted to reach -0.51 in one year’s time.
Technical Analysis of Brookfield Renewable Partners LP (BEP)
Let’s dig in a bit further. During the last 5-days, its volume was 0.88 million. That was better than the volume of 0.78 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 14.87%. Additionally, its Average True Range was 0.64.
During the past 100 days, Brookfield Renewable Partners LP’s (BEP) raw stochastic average was set at 36.44%, which indicates a significant increase from 28.14% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.44% in the past 14 days, which was lower than the 31.10% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $22.35, while its 200-day Moving Average is $24.42. However, in the short run, Brookfield Renewable Partners LP’s stock first resistance to watch stands at $22.77. Second resistance stands at $23.05. The third major resistance level sits at $23.42. If the price goes on to break the first support level at $22.12, it is likely to go to the next support level at $21.75. The third support level lies at $21.47 if the price breaches the second support level.
Brookfield Renewable Partners LP (NYSE: BEP) Key Stats
There are currently 284,751K shares outstanding in the company with a market cap of 6.41 billion. Presently, the company’s annual sales total 6,503 M according to its annual income of -181,000 K. Last quarter, the company’s sales amounted to 1,808 M and its income totaled 1,000 K.
