Brookfield Renewable Corporation (NYSE:BEPC) currently has a daily average trading volume of 799.31K but it saw 688211 shares traded in last market. With a market cap of 10.66B USD, the company’s current market price of $28.49 came falling about -0.11 while comparing to the previous closing price of $28.52. In past 52 weeks, the stock remained buoying in the range of price level as high as $32.83 and as low as $21.35. In the recent trading on the day, stock has struck highest price mark of $28.27 while lowest mark touched by it was $29.04.
Taking a look at 20-day trading activity of Brookfield Renewable Corporation (BEPC) gives us an average price of $28.22, while its current price level is -13.22% below from 52-week high level whereas it is 33.44% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $28.55 while that of 200 days or SMA-200 reads an average of $27.50. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.88% during that period while stretching the period over a month that decreases to 2.72%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 51.37 which implies that the stock is in neutral territory.
JP Morgan upgraded its recommendation for the stock as a “Overweight” from “Neutral” on December 09, 2021 while assigning a price target of $52. Wells Fargo issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $47 and $53.
Over the week, BEPC’s stock price is moving -0.80% down while it is 2.41% when we observe its performance for the past one month. Year-to-date it is -1.04% down and over the past year, the stock is showing an upside performance of 4.24%.
Currently, Brookfield Renewable Corporation’s total number of outstanding shares is 179.65M. Company’s return on investment (ROI) stands at 5.06% and return on equity (ROE) at 14.68%. It has a price to earnings ratio (P/E ratio) of 11.19. Stock’s beta reads 1.14. Stock has a price to book (P/B) ratio of 1.93 while price to sale or P/S ratio amounts to 2.21. Its return on asset (ROA) is 1.84% on average.
