Northland Power, Inc. (OTCMKTS:NPIFF - Get Free Report)'s share price hit a new 52-week high during trading on Thursday . The company traded as high as $17.28 and last traded at $17.28, with a volume of 2199 shares changing hands. The stock had previously closed at $17.06.
Wall Street Analysts Forecast Growth
Separately, BMO Capital Markets restated an "outperform" rating on shares of Northland Power in a report on Thursday, August 14th. Three research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company has a consensus rating of "Buy".
Read Our Latest Report on Northland Power
Northland Power Stock Up 2.2%
The firm has a market cap of $4.56 billion and a P/E ratio of -102.51. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 1.32. The firm has a fifty day moving average of $16.26 and a 200-day moving average of $15.25.
Northland Power Cuts Dividend
The business also recently announced a dividend, which will be paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th will be issued a dividend of $0.0724 per share. This represents a yield of 542.0%. The ex-dividend date is Monday, September 29th. Northland Power's dividend payout ratio is presently -511.76%.
Northland Power Company Profile
(
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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