Polaris Renewable Energy Inc. (TSE:PIF - Get Free Report) Director Marc Murnaghan purchased 7,500 shares of the stock in a transaction dated Thursday, June 12th. The shares were acquired at an average price of C$11.98 per share, for a total transaction of C$89,850.00.
Polaris Renewable Energy Stock Up 1.6%
PIF traded up C$0.19 during trading on Friday, reaching C$12.03. 13,790 shares of the stock traded hands, compared to its average volume of 31,962. The stock has a market cap of C$178.79 million, a price-to-earnings ratio of 24.92, a price-to-earnings-growth ratio of 3.28 and a beta of 0.97. Polaris Renewable Energy Inc. has a fifty-two week low of C$10.70 and a fifty-two week high of C$13.66. The company has a debt-to-equity ratio of 57.48, a current ratio of 1.82 and a quick ratio of 1.64. The stock's 50-day simple moving average is C$11.79 and its two-hundred day simple moving average is C$12.28.
Polaris Renewable Energy Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Friday, May 23rd. Investors of record on Friday, May 23rd were given a dividend of $0.15 per share. The ex-dividend date was Monday, May 12th. This represents a $0.60 dividend on an annualized basis and a yield of 4.99%. Polaris Renewable Energy's payout ratio is 169.88%.
Wall Street Analysts Forecast Growth
A number of research analysts have recently weighed in on the company. National Bank Financial upgraded Polaris Renewable Energy to a "strong-buy" rating in a report on Sunday, June 8th. Raymond James Financial downgraded Polaris Renewable Energy from a "strong-buy" rating to a "moderate buy" rating in a report on Thursday, May 1st.
Read Our Latest Stock Report on Polaris Renewable Energy
About Polaris Renewable Energy
(
Get Free Report)
Polaris Renewable Energy Inc engages in the acquisition, exploration, development, and operation of renewable energy projects in Latin America. It operates 82 megawatts (MW) net geothermal facility in Nicaragua; and 3 run-of-river hydroelectric facilities in Peru, with combined capacity of approximately 33 MW; a 25 MW solar plant facility in the Dominican Republic; a 6 MW run-of-river hydroelectric facility in Ecuador; and a 10 MW solar plant in Panama.
Recommended Stories
Before you consider Polaris Renewable Energy, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Polaris Renewable Energy wasn't on the list.
While Polaris Renewable Energy currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.