Brookfield Renewable Partners LP (NYSE: BEP) on Tuesday, soared 6.25% from the previous trading day, before settling in for the closing price of $25.58. Within the past 52 weeks, BEP’s price has moved between $19.29 and $29.56.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
It was noted that within the last five years, the titan of the Utilities sector saw sales slided by -6.51%. The company achieved an average annual earnings per share of 151.95%. With a float of $273.87 million, this company’s outstanding shares have now reached $284.11 million.
The extent of productivity of a business whose workforce counts for 5270 workers is very important to gauge. In terms of profitability, gross margin is 47.15%, operating margin of 25.79%, and the pretax margin is -5.69%.
Brookfield Renewable Partners LP (BEP) Insider Updates
Observing investor behavior towards Utilities – Renewable industry stocks is more important than anything else. The insider ownership of Brookfield Renewable Partners LP is 3.61%, while institutional ownership is 63.21%.
Brookfield Renewable Partners LP (BEP) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.4 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 151.95% per share during the next fiscal year.
Brookfield Renewable Partners LP (NYSE: BEP) Trading Performance Indicators
Brookfield Renewable Partners LP (BEP) is currently performing well based on its current performance indicators. A quick ratio of 0.50 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.32.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.01, a number that is poised to hit -0.15 in the next quarter and is forecasted to reach 0.69 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 0.5 million was inferior to 0.67 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 42.15%.
During the past 100 days, Brookfield Renewable Partners LP’s (BEP) raw stochastic average was set at 96.45%, which indicates a significant increase from 88.16% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.58 in the past 14 days, which was lower than the 0.66 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $24.74, while its 200-day Moving Average is $24.03. Now, the first resistance to watch is $27.76. This is followed by the second major resistance level at $28.35. The third major resistance level sits at $29.22. If the price goes on to break the first support level at $26.30, it is likely to go to the next support level at $25.43. Assuming the price breaks the second support level, the third support level stands at $24.84.
Brookfield Renewable Partners LP (NYSE: BEP) Key Stats
Market capitalization of the company is 7.72 billion based on 283,764K outstanding shares. Right now, sales total 6,503 M and income totals -181,000 K. The company made 1,750 M in profit during its latest quarter, and -83,000 K in sales during its previous quarter.
