Daily Progress: Brookfield Renewable Partners LP (BEP) Drop -4.63, Closing at 22.87

Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.

In the latest session, Brookfield Renewable Partners LP (NYSE: BEP) closed at $22.87 down -4.63% from its previous closing price of $23.98. In other words, the price has decreased by -$4.63 from its previous closing price. On the day, 0.72 million shares were traded.

Ratios:

For a deeper understanding of Brookfield Renewable Partners LP’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.50 and its Current Ratio is at 0.51. In the meantime, Its Debt-to-Equity ratio is 8.75 whereas as Long-Term Debt/Eq ratio is at 7.27.

On December 12, 2024, JP Morgan Upgraded its rating to Overweight which previously was Neutral but kept the price unchanged to $30.

UBS Upgraded its Neutral to Buy on September 30, 2024, whereas the target price for the stock was revised from $24 to $31.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 1.11 while its Price-to-Book (P/B) ratio in mrq is 1.90.

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 $19.29. The 50-Day Moving Average of the stock is 1.03%, while the 200-Day Moving Average is calculated to be -4.60%.

Shares Statistics:

A total of 284.11M shares are outstanding, with a floating share count of 273.87M. Insiders hold about 3.61% of the company’s shares, while institutions hold 63.61% stake in the company.

Most Popular