Northland Power Inc. (TSE:NPI - Get Free Report) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$19.50 and traded as high as C$23.19. Northland Power shares last traded at C$23.04, with a volume of 885,053 shares traded.
Wall Street Analysts Forecast Growth
Several analysts have commented on NPI shares. National Bank Financial raised shares of Northland Power to a "strong-buy" rating in a research note on Sunday, June 8th. Cormark cut shares of Northland Power from a "moderate buy" rating to a "hold" rating in a research note on Thursday, May 15th. Finally, Scotiabank raised shares of Northland Power from a "sector perform" rating to an "outperform" rating and boosted their price objective for the company from C$25.00 to C$26.00 in a research note 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 assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Buy" and a consensus target price of C$27.08.
View Our Latest Stock Report on NPI
Northland Power Trading Down 0.2%
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 business's 50 day moving average price is C$21.44 and its 200-day moving average price is C$19.51. The firm has a market cap of C$6.04 billion, a price-to-earnings ratio of -42.21, a price-to-earnings-growth ratio of 0.71 and a beta of 0.47.
Northland Power Announces Dividend
The firm also recently disclosed a monthly dividend, which will be paid on Friday, August 15th. Investors of record on Friday, August 15th will be given a dividend of $0.10 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 5.21%. The ex-dividend date of this dividend is Thursday, July 31st. Northland Power's dividend payout ratio is presently -219.84%.
Northland Power Company Profile
(
Get Free Report)
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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