Northland Power Inc. (TSE:NPI - Get Free Report)'s share price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$19.30 and traded as high as C$23.21. Northland Power shares last traded at C$22.91, with a volume of 699,175 shares.
Analysts Set New Price Targets
NPI has been the subject of a number of research reports. Cormark lowered shares of Northland Power from a "moderate buy" rating to a "hold" rating in a research note on Thursday, May 15th. National Bank Financial raised shares of Northland Power to a "strong-buy" rating in a research note on Sunday, June 8th. Finally, Scotiabank raised shares of Northland Power from a "sector perform" rating to an "outperform" rating and lifted their target price for the company from C$25.00 to C$26.00 in a research note on Thursday, May 22nd. One 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, Northland Power currently has a consensus rating of "Buy" and an average price target of C$27.08.
View Our Latest Research Report on NPI
Northland Power Stock Down 0.6%
The company has a market capitalization of C$6.01 billion, a P/E ratio of -41.97, a price-to-earnings-growth ratio of 0.71 and a beta of 0.47. 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 firm's fifty day moving average is C$20.91 and its 200-day moving average is C$19.30.
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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