Brookfield Renewable Partners (TSE:BEP.UN) Stock Price Crosses Above 200 Day Moving Average – Time to Sell?

Brookfield Renewable Partners LP (TSE:BEP.UN) (NYSE:BEP)’s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$32.32 and traded as high as C$35.21. Brookfield Renewable Partners shares last traded at C$34.29, with a volume of 449,405 shares traded.

Brookfield Renewable Partners Price Performance

The business’s 50-day simple moving average is C$32.64 and its 200-day simple moving average is C$32.30. The stock has a market cap of C$9.77 billion, a PE ratio of -39.41, a PEG ratio of 8.53 and a beta of 0.89. 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 company also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Monday, June 30th will be given a $0.373 dividend. This represents a $1.49 dividend on an annualized basis and a dividend yield of 4.35%. The ex-dividend date of this dividend is Friday, May 30th. Brookfield Renewable Partners’s payout ratio is -219.54%.

Insider Activity at Brookfield Renewable Partners

In related news, Senior Officer Nancy Patricia Dorn purchased 2,470 shares of Brookfield Renewable Partners stock in a transaction that occurred on Tuesday, May 20th. The shares were bought at an average price of C$42.52 per share, for a total transaction of C$105,028.80.

About Brookfield Renewable Partners

Brookfield Renewable is a globally diversified, multitechnology owner and operator of clean energy assets. The company’s portfolio consists of hydroelectric, wind, solar, and storage facilities in North America, South America, Europe, and Asia, and totals approximately 21 gigawatts of installed capacity.