Brookfield Renewable Partners (TSE:BEP.UN) Shares Cross Above 200 Day Moving Average – Should You Sell?

Brookfield Renewable Partners LP (TSE:BEP.UN) (NYSE:BEP)’s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$34.03 and traded as high as C$34.14. Brookfield Renewable Partners shares last traded at C$34.13, with a volume of 530,412 shares changing hands.

Brookfield Renewable Partners Price Performance

The stock has a 50 day moving average of C$31.78 and a two-hundred day moving average of C$34.03. The company has a debt-to-equity ratio of 107.80, a quick ratio of 0.45 and a current ratio of 0.52. The stock has a market cap of C$9.73 billion, a PE ratio of -39.23, a PEG ratio of 8.53 and a beta of 0.89.

Brookfield Renewable Partners Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 31st will be given a $0.373 dividend. This represents a $1.49 annualized dividend and a dividend yield of 4.37%. The ex-dividend date is Friday, February 28th. This is a boost from Brookfield Renewable Partners’s previous quarterly dividend of $0.36. Brookfield Renewable Partners’s dividend payout ratio (DPR) is -219.54%.

Insider Activity at Brookfield Renewable Partners

In related news, Director Jeffrey Miles Blidner bought 10,000 shares of the business’s stock in a transaction on Monday, February 10th. The stock was bought at an average price of C$31.78 per share, for a total transaction of C$317,800.00.

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.