Polaris Renewable Energy (TSE:PIF - Get Free Report) was downgraded by investment analysts at Raymond James from a "strong-buy" rating to a "moderate buy" rating in a report released on Thursday,Zacks.com reports. Raymond James also issued estimates for Polaris Renewable Energy's Q1 2026 earnings at $0.11 EPS, Q2 2026 earnings at $0.22 EPS, Q3 2026 earnings at $0.15 EPS, Q4 2026 earnings at $0.26 EPS and FY2026 earnings at $0.74 EPS.
A number of other research firms have also commented on PIF. Cormark raised their price target on shares of Polaris Renewable Energy from C$23.50 to C$25.00 in a research report on Thursday, January 30th. National Bankshares cut their target price on shares of 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.
Check Out Our Latest Stock Report on PIF
Polaris Renewable Energy Stock Performance
Shares of TSE PIF opened at C$11.58 on Thursday. Polaris Renewable Energy has a 12 month low of C$10.70 and a 12 month high of C$13.85. The company has a market capitalization of C$172.10 million, a P/E ratio of 23.99, a P/E/G ratio of 3.28 and a beta of 0.97. The stock has a 50 day moving average of C$11.78 and a 200-day moving average of C$12.44. The company has a current ratio of 1.82, a quick ratio of 1.64 and a debt-to-equity ratio of 57.48.
Insider Activity
In related news, Director Marc Murnaghan sold 2,301 shares of the company's stock in a transaction dated Monday, February 10th. The shares were sold at an average price of C$12.52, for a total value of C$28,808.52. Corporate insiders own 2.94% of the company's stock.
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.
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