Northland Power (TSE:NPI) Shares Pass Above 200 Day Moving Average - Time to Sell?

Key Points

• Northland Power's shares passed above its 200-day moving average, trading around C$21.21 versus the 200‑day MA of C$20.77 with roughly 880,089 shares changing hands.
• Analysts have a consensus rating of Moderate Buy with a mean target of C$23.63 after mixed revisions (individual targets range roughly C$21–C$27 and include recent upgrades and downgrades).
• Despite C$725.3M in quarterly revenue and a C$5.55B market cap, the company shows negative profitability (P/E -32.63, net margin -6.69%, ROE -3.92) and high leverage (debt/equity 176.8), while focusing growth on renewable projects—especially offshore wind.

Northland Power Inc. (TSE:NPI - Get Free Report)'s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$20.77 and traded as high as C$21.30. Northland Power shares last traded at C$21.21, with a volume of 880,089 shares changing hands.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. Canadian Imperial Bank of Commerce upped their price objective on Northland Power from C$22.00 to C$23.00 in a research note on Wednesday, December 17th. TD Securities lifted their target price on Northland Power from C$21.00 to C$23.00 and gave the company a "hold" rating in a research note on Friday, February 27th. National Bank Financial lowered their price target on Northland Power from C$27.00 to C$25.00 in a report on Friday, November 21st. Raymond James Financial dropped their price target on Northland Power from C$25.00 to C$23.00 in a research note on Monday, November 24th. Finally, Desjardins lowered shares of Northland Power from a "moderate buy" rating to a "hold" rating in a report on Thursday, November 13th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, Northland Power presently has a consensus rating of "Moderate Buy" and a consensus target price of C$23.63.

Northland Power Price Performance

The firm's fifty day simple moving average is C$19.40 and its 200 day simple moving average is C$20.77. The firm has a market cap of C$5.55 billion, a P/E ratio of -32.63, a P/E/G ratio of 0.71 and a beta of 1.09. The company has a debt-to-equity ratio of 176.80, a quick ratio of 1.23 and a current ratio of 1.07.

Northland Power (TSE:NPI - Get Free Report) last issued its quarterly earnings data on Wednesday, February 25th. The solar energy provider reported C$0.93 earnings per share for the quarter. The firm had revenue of C$725.26 million during the quarter. Northland Power had a negative return on equity of 3.92% and a negative net margin of 6.69%.

About Northland Power

Northland Power develops, constructs, and operates maintainable infrastructure assets across a range of clean and green technologies, such as wind (offshore and onshore), solar, and supplying energy through a regulated utility. Offshore wind is expected to remain the company's largest segment over the long term. Northland's growth opportunities are global and span North America, Europe, Latin America, and Asia.

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