Polaris Renewable Energy (TSE:PIF - Get Free Report) was upgraded by research analysts at National Bank Financial to a "strong-buy" rating in a report released on Sunday,Zacks.com reports.
PIF has been the subject of several other reports. Raymond James lowered shares of Polaris Renewable Energy from a "strong-buy" rating to a "moderate buy" rating in a research report on Thursday, May 1st. National Bankshares dropped their price objective on shares of Polaris Renewable Energy from C$23.00 to C$22.00 and set an "outperform" rating for the company in a report on Tuesday, February 11th.
Check Out Our Latest Stock Report on PIF
Polaris Renewable Energy Price Performance
Shares of Polaris Renewable Energy stock traded up C$0.08 during trading on Friday, hitting C$11.90. The stock had a trading volume of 20,208 shares, compared to its average volume of 32,813. The company has a current ratio of 1.82, a quick ratio of 1.64 and a debt-to-equity ratio of 57.48. Polaris Renewable Energy has a 12 month low of C$10.70 and a 12 month high of C$13.66. The firm has a market cap of C$176.85 million, a price-to-earnings ratio of 24.65, a P/E/G ratio of 3.28 and a beta of 0.97. The business's 50-day moving average is C$11.69 and its 200 day moving average is C$12.34.
Polaris Renewable Energy Company Profile
(
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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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