Northland Power, Inc. (OTCMKTS:NPIFF) Given Average Recommendation of “Moderate Buy” by Brokerages

by · The Cerbat Gem

Shares of Northland Power, Inc. (OTCMKTS:NPIFF – Get Free Report) have earned a consensus recommendation of “Moderate Buy” from the eight research firms that are currently covering the firm, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company.

Several research firms recently commented on NPIFF. National Bankshares reiterated an “outperform” rating on shares of Northland Power in a research report on Wednesday, December 3rd. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Northland Power in a report on Friday, November 14th. TD Securities lowered shares of Northland Power from a “buy” rating to a “hold” rating in a research report on Friday, November 21st. Scotiabank restated a “sector perform” rating on shares of Northland Power in a research report on Friday, November 21st. Finally, Desjardins lowered Northland Power to a “hold” rating in a research note on Friday, November 14th.

Check Out Our Latest Stock Report on NPIFF

Northland Power Stock Down 0.2%

NPIFF opened at $12.62 on Tuesday. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.91 and a current ratio of 0.91. The company has a market cap of $3.30 billion and a price-to-earnings ratio of -15.58. Northland Power has a one year low of $11.04 and a one year high of $18.44. The business’s fifty day moving average is $15.57 and its two-hundred day moving average is $15.94.

Northland Power Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Monday, December 15th. Investors of record on Monday, December 1st will be paid a dividend of $0.0714 per share. The ex-dividend date of this dividend is Friday, November 28th. This represents a dividend yield of 744.0%. Northland Power’s dividend payout ratio (DPR) is presently -104.94%.

About Northland Power

(Get Free Report)

Northland Power Inc, an independent power producer, develops, builds, owns, and operates clean and green power projects in Canada, Netherlands, Germany, Spain, Colombia, and internationally. The company produces electricity from renewable resources, such as wind and solar, as well as natural gas for sale under power purchase agreements and other revenue arrangements.

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