Northland Power, Inc. (OTCMKTS:NPIFF - Get Free Report) shares fell 0.8% during mid-day trading on Friday . The company traded as low as $16.00 and last traded at $16.10. 7,704 shares were traded during trading, a decline of 84% from the average session volume of 47,275 shares. The stock had previously closed at $16.23.
Wall Street Analysts Forecast Growth
Separately, Scotiabank upgraded Northland Power from a "sector perform" rating to an "outperform" rating in a report on Thursday, May 15th.
Get Our Latest Stock Report on Northland Power
Northland Power Stock Performance
The company has a market capitalization of $4.21 billion and a PE ratio of -50.93. The firm has a fifty day simple moving average of $16.20 and a 200 day simple moving average of $14.34.
Northland Power Increases Dividend
The firm also recently declared a dividend, which will be paid on Friday, August 15th. Shareholders of record on Friday, August 1st will be issued a dividend of $0.073 per share. This is a positive change from Northland Power's previous dividend of $0.07. The ex-dividend date of this dividend is Thursday, July 31st. This represents a yield of 522.0%. Northland Power's dividend payout ratio (DPR) is presently -272.07%.
Northland Power Company Profile
(
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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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