Polaris Renewable Energy Inc. (TSE:PIF - Get Free Report) declared a quarterly dividend on Monday, May 12th, TickerTech Dividends reports. Investors of record on Friday, May 23rd will be given a dividend of 0.15 per share on Friday, May 23rd. This represents a $0.60 dividend on an annualized basis and a yield of 5.05%. The ex-dividend date of this dividend is Monday, May 12th.
Polaris Renewable Energy Stock Performance
Shares of PIF remained flat at C$11.88 during mid-day trading on Tuesday. The stock had a trading volume of 8,493 shares, compared to its average volume of 34,542. Polaris Renewable Energy has a 52 week low of C$10.70 and a 52 week high of C$13.85. The stock has a market cap of C$176.56 million, a PE ratio of 24.61, a P/E/G ratio of 3.28 and a beta of 0.97. The business's fifty day moving average price is C$11.74 and its 200-day moving average price is C$12.40. The company has a current ratio of 1.82, a quick ratio of 1.64 and a debt-to-equity ratio of 57.48.
Analyst Upgrades and Downgrades
A number of equities analysts have recently weighed in on PIF shares. Raymond James lowered Polaris Renewable Energy from a "strong-buy" rating to a "moderate buy" rating in a research note on Thursday, May 1st. National Bankshares lowered their price objective on Polaris Renewable Energy from C$23.00 to C$22.00 and set an "outperform" rating on the stock in a research report on Tuesday, February 11th. Finally, Cormark lifted their target price on Polaris Renewable Energy from C$23.50 to C$25.00 in a report on Thursday, January 30th.
Read Our Latest Analysis on PIF
About Polaris Renewable Energy
(
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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.
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