Brookfield Renewable Corporation (NYSE:BEPC) currently has a daily average trading volume of 910.44K but it saw 1184323 shares traded in last market. With a market cap of 12.51B USD, the company’s current market price of $33.45 came falling about -2.51 while comparing to the previous closing price of $34.31. In past 52 weeks, the stock remained buoying in the range of price level as high as $35.14 and as low as $21.35. In the recent trading on the day, stock has struck highest price mark of $33.11 while lowest mark touched by it was $34.1845.
Taking a look at 20-day trading activity of Brookfield Renewable Corporation (BEPC) gives us an average price of $32.06, while its current price level is -4.81% below from 52-week high level whereas it is 56.67% 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 $30.33 while that of 200 days or SMA-200 reads an average of $28.07. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.79% during that period while stretching the period over a month that decreases to 3.04%. 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 60.29 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 2.99% up while it is 4.96% when we observe its performance for the past one month. Year-to-date it is 16.19% up and over the past year, the stock is showing an upside performance of 37.26%.
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 13.14 while having a 1672.50 of forward P/E ratio. Stock’s beta reads 1.16. Stock has a price to book (P/B) ratio of 2.26 while price to sale or P/S ratio amounts to 2.60. Its return on asset (ROA) is 1.84% on average.
