Brookfield Renewable Corporation (NYSE:BEPC) currently has a daily average trading volume of 814.59K but it saw 769499 shares traded in last market. With a market cap of 11.29B USD, the company’s current market price of $30.19 remained unchanged while comparing to the previous closing price of $30.19. 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 $30.15 while lowest mark touched by it was $30.74.
Taking a look at 20-day trading activity of Brookfield Renewable Corporation (BEPC) gives us an average price of $28.74, while its current price level is -8.04% below from 52-week high level whereas it is 41.41% 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 $28.62 while that of 200 days or SMA-200 reads an average of $27.63. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.61% during that period while stretching the period over a month that increases to 2.79%. 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 61.89 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 3.85% up while it is 6.91% when we observe its performance for the past one month. Year-to-date it is 4.86% up and over the past year, the stock is showing an upside performance of 7.86%.
The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of -0.14 beaten by the consensus estimate of -0.1 for the same. The company is expected to be releasing its next quarterly report in October, for which analysts forecasted an EPS of -0.28 while estimate for next year EPS is 0.24. In next quarter, company is expected to be making quarterly sales of $1.44B as analysts are expecting the sales for current fiscal year at $5.7B and seeing the company making $6.09B in sales next year. Moreover, analysts are in estimates of $1.36B for current-quarter revenue.
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 11.86. Stock’s beta reads 1.14. Stock has a price to book (P/B) ratio of 2.04 while price to sale or P/S ratio amounts to 2.34. Its return on asset (ROA) is 1.84% on average.
