Brookfield Renewable Corporation (NYSE:BEPC) currently has a daily average trading volume of 801.92K but it saw 2186393 shares traded in last market. With a market cap of 12.25B USD, the company’s current market price of $32.74 came rising about 9.68 while comparing to the previous closing price of $29.85. In past 52 weeks, the stock remained buoying in the range of price level as high as $33.17 and as low as $21.35. In the recent trading on the day, stock has struck highest price mark of $30.09 while lowest mark touched by it was $32.85.
Taking a look at 20-day trading activity of Brookfield Renewable Corporation (BEPC) gives us an average price of $31.29, while its current price level is -1.30% below from 52-week high level whereas it is 53.35% 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 $29.61 while that of 200 days or SMA-200 reads an average of $27.94. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.82% during that period while stretching the period over a month that decreases to 2.63%. 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 63.47 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 7.84% up while it is 8.45% when we observe its performance for the past one month. Year-to-date it is 13.72% up and over the past year, the stock is showing an upside performance of 40.58%.
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 12.86 while having a 1637.00 of forward P/E ratio. Stock’s beta reads 1.16. Stock has a price to book (P/B) ratio of 2.22 while price to sale or P/S ratio amounts to 2.54. Its return on asset (ROA) is 1.84% on average.
