Northland Power, Inc. (OTCMKTS:NPIFF - Get Free Report) gapped down prior to trading on Thursday . The stock had previously closed at $17.77, but opened at $17.21. Northland Power shares last traded at $17.20, with a volume of 1,274 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, BMO Capital Markets reaffirmed an "outperform" rating on shares of Northland Power in a research note on Thursday, August 14th. Three research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Northland Power currently has a consensus rating of "Buy".
Read Our Latest Stock Report on Northland Power
Northland Power Stock Down 3.7%
The company's 50-day moving average is $16.38 and its 200 day moving average is $15.41. The company has a market capitalization of $4.47 billion and a PE ratio of -100.65. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.91 and a current ratio of 0.91.
Northland Power Cuts Dividend
The company also recently announced a dividend, which will be paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th will be issued a $0.0724 dividend. This represents a yield of 542.0%. The ex-dividend date of this dividend is Monday, September 29th. Northland Power's dividend payout ratio is currently -511.76%.
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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