Northland Power, Inc. (OTCMKTS:NPIFF - Get Free Report) shares dropped 0.3% on Monday . The company traded as low as $16.58 and last traded at $16.69. Approximately 16,422 shares changed hands during trading, a decline of 78% from the average daily volume of 74,863 shares. The stock had previously closed at $16.75.
Wall Street Analysts Forecast Growth
Separately, Scotiabank upgraded shares of Northland Power from a "sector perform" rating to an "outperform" rating in a research report on Thursday, May 15th.
Check Out Our Latest Analysis on NPIFF
Northland Power Trading Down 0.7%
The firm's fifty day moving average price is $15.55 and its 200 day moving average price is $13.88. The stock has a market capitalization of $4.36 billion and a price-to-earnings ratio of -52.74.
Northland Power Increases Dividend
The business also recently disclosed a dividend, which will be paid on Friday, August 15th. Stockholders of record on Friday, August 1st will be issued a $0.073 dividend. This is a positive change from Northland Power's previous dividend of $0.07. This represents a dividend yield of 5.22%. The ex-dividend date is Thursday, July 31st.
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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