Northland Power, Inc. (OTCMKTS:NPIFF - Get Free Report) shares traded down 0.8% on Friday . The company traded as low as $16.00 and last traded at $16.10. 7,704 shares were traded during mid-day trading, a decline of 84% from the average session volume of 47,275 shares. The stock had previously closed at $16.23.
Analysts Set New Price Targets
Separately, Scotiabank upgraded shares of Northland Power from a "sector perform" rating to an "outperform" rating in a research note on Thursday, May 15th.
Read Our Latest Stock Report on NPIFF
Northland Power Stock Performance
The company has a market capitalization of $4.15 billion and a PE ratio of -50.21. The stock's 50 day moving average is $16.19 and its 200 day moving average is $14.33.
Northland Power Increases Dividend
The company also recently announced a dividend, which will be paid on Friday, August 15th. Shareholders of record on Friday, August 1st will be paid a $0.073 dividend. The ex-dividend date is Thursday, July 31st. This represents a yield of 522.0%. This is a boost from Northland Power's previous dividend of $0.07. Northland Power's dividend payout ratio is currently -275.23%.
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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