Brookfield Renewable (TSE:BEPC) Sets New 12-Month Low – Should You Sell?

Shares of Brookfield Renewable Co. (TSE:BEPC) reached a new 52-week low on Wednesday . The company traded as low as C$40.41 and last traded at C$40.44, with a volume of 304298 shares. The stock had previously closed at C$41.31.

Analyst Ratings Changes

Separately, Desjardins boosted their price target on Brookfield Renewable from C$48.00 to C$49.00 and gave the company a “hold” rating in a research note on Thursday, July 23rd. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, Brookfield Renewable presently has a consensus rating of “Hold” and a consensus price target of C$49.00.

Brookfield Renewable Stock Performance

The company has a quick ratio of 0.18, a current ratio of 0.40 and a debt-to-equity ratio of -464.91. The firm has a 50-day moving average of C$45.99 and a 200 day moving average of C$51.13. The stock has a market capitalization of C$7.75 billion, a P/E ratio of -1.96, a PEG ratio of 0.84 and a beta of 1.15.

Brookfield Renewable (TSE:BEPC) last announced its quarterly earnings results on Friday, July 31st. The company reported C($2.95) earnings per share (EPS) for the quarter. Brookfield Renewable had a negative net margin of 110.51% and a positive return on equity of 257.80%. The business had revenue of C$1.69 billion during the quarter. Research analysts anticipate that Brookfield Renewable Co. will post 2.8461008 EPS for the current fiscal year.

About Brookfield Renewable

Brookfield operates Brookfield Renewable Partners (NYSE: BEP, BEPC TSX: BEP.UN, BEPC), one of the world’s largest publicly traded platforms for renewable power and sustainable solutions. Our renewable power portfolio consists of hydroelectric, wind, utility-scale solar and storage facilities and our sustainable solutions assets include our investment in a leading global nuclear services business and a portfolio of investments in carbon capture and storage capacity, agricultural renewable natural gas, materials recycling and eFuels manufacturing capacity, among others.