Northland Power Inc. (TSE:NPI - Get Free Report) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$19.04 and traded as high as C$21.71. Northland Power shares last traded at C$21.69, with a volume of 670,180 shares.
Wall Street Analyst Weigh In
A number of brokerages have recently issued reports on NPI. National Bank Financial upgraded shares of Northland Power to a "strong-buy" rating in a research note on Sunday, June 8th. Cormark lowered Northland Power from a "moderate buy" rating to a "hold" rating in a report on Thursday, May 15th. Finally, Scotiabank raised Northland Power from a "sector perform" rating to an "outperform" rating and increased their target price for the stock from C$25.00 to C$26.00 in a report on Thursday, May 22nd. One equities research analyst has rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Buy" and an average target price of C$27.08.
Get Our Latest Research Report on NPI
Northland Power Price Performance
The company has a debt-to-equity ratio of 181.28, a quick ratio of 1.23 and a current ratio of 1.17. The company's fifty day moving average price is C$20.32 and its 200 day moving average price is C$19.07. The firm has a market capitalization of C$5.61 billion, a price-to-earnings ratio of -39.15, a price-to-earnings-growth ratio of 0.71 and a beta of 0.47.
Northland Power Company Profile
(
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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.
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