Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Brookfield Renewable Partners LP (NYSE: BEP) closed the day trading at $24.01 down -0.91% from the previous closing price of $24.23. In other words, the price has decreased by -$0.91 from its previous closing price. On the day, 0.77 million shares were traded. BEP stock price reached its highest trading level at $24.645 during the session, while it also had its lowest trading level at $23.855.
Ratios:
For a better understanding of BEP, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.71 and its Current Ratio is at 0.73. In the meantime, Its Debt-to-Equity ratio is 7.61 whereas as Long-Term Debt/Eq ratio is at 6.59.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, UBS on September 30, 2024, Upgraded its rating to Buy and sets its target price to $31 from $24 previously.
On November 17, 2023, UBS Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $34 to $25.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BEP now has a Market Capitalization of 15978606592 and an Enterprise Value of 59510669312. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.96 while its Price-to-Book (P/B) ratio in mrq is 1.56. Its current Enterprise Value per Revenue stands at 10.319 whereas that against EBITDA is 19.29.
Stock Price History:
Over the past 52 weeks, BEP has reached a high of $29.56, while it has fallen to a 52-week low of $19.92. The 50-Day Moving Average of the stock is -8.56%, while the 200-Day Moving Average is calculated to be -4.17%.
Shares Statistics:
Over the past 3-months, BEP traded about 487.81K shares per day on average, while over the past 10 days, BEP traded about 594580 shares per day. A total of 285.11M shares are outstanding, with a floating share count of 277.32M. Shares short for BEP as of 1731628800 were 1168293 with a Short Ratio of 3.51, compared to 1728950400 on 1713017. Therefore, it implies a Short% of Shares Outstanding of 1168293 and a Short% of Float of 0.52.
Dividends & Splits
BEP’s forward annual dividend rate is 1.42, up from 1.405 a year ago. Against a Trailing Annual Dividend Yield of 0.05798597The stock’s 5-year Average Dividend Yield is 4.29.
