Brookfield Renewable Corp (NYSE: BEPC) is -0.29% lower on its value in year-to-date trading and has touched a low of $21.35 and a high of $35.14 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BEPC stock was last observed hovering at around $29.18 in the last trading session, with the day’s loss setting it -1.6%.
Currently trading at $27.58, the stock is -3.74% and -8.14% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.23 million and changing -5.48% at the moment leaves the stock -5.29% off its SMA200. BEPC registered -9.84% loss for a year compared to 6-month loss of -9.43%. The firm has a 50-day simple moving average (SMA 50) of $30.1394 and a 200-day simple moving average (SMA200) of $29.1042.
The stock witnessed a -7.26% gain in the last 1 month and extending the period to 3 months gives it a -9.84%, and is -0.29% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.32% over the week and 3.18% over the month.
Brookfield Renewable Corp (BEPC) has around 2116 employees, a market worth around $9.36B and $4.99B in sales. Profit margin for the company is -35.86%. Distance from 52-week low is 29.18% and -21.51% from its 52-week high. The company has generated returns on investments over the last 12 months (-7.10%).
The EPS is expected to shrink by -224.03% this year
556.0 institutions hold shares in Brookfield Renewable Corp (BEPC), with institutional investors hold 76.27% of the company’s shares. The shares outstanding are 179.64M, and float is at 179.60M with Short Float at 2.98%. Institutions hold 76.24% of the Float.
The top institutional shareholder in the company is BROOKFIELD CORP /ON/ with over 10.09 million shares valued at $286.47 million. The investor’s holdings represent 2.6982 of the BEPC Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 5.45 million shares valued at $154.53 million to account for 1.4555 of the shares outstanding. The other top investors are PRINCIPAL FINANCIAL GROUP INC which holds 4.76 million shares representing 1.2718 and valued at over $135.03 million, while FMR LLC holds 1.1877 of the shares totaling 4.44 million with a market value of $125.9 million.
