What is up with Brookfield renewable ($BEPC)? – just hit all time low


I bought a few shares in my IRA – collect a dividend, feel good about investing in renewables, figure with climate change and subsidies, it can't possibly just go bust. Right? Did I miss an announcement?

I don't understand how a solid conservative hydroelectric company can be worth LESS than it did 3 years ago. P/E is low, as is P/S, P/B – FCF looks solid. There's some debt, but jeez.

You could say buy more, but not until I understand why the chart would reverse direction.


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