Northland Power (OTCMKTS:NPIFF) Stock Price Down 4.9% – Time to Sell?

Northland Power, Inc. (OTCMKTS:NPIFF) shares traded down 4.9% on Friday . The stock traded as low as $11.8450 and last traded at $11.85. 10,107 shares traded hands during trading, a decline of 86% from the average session volume of 72,701 shares. The stock had previously closed at $12.46.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on NPIFF. Desjardins cut Northland Power to a “hold” rating in a research report on Friday, November 14th. CIBC reaffirmed an “outperform” rating on shares of Northland Power in a report on Friday. Scotiabank reaffirmed a “sector perform” rating on shares of Northland Power in a research report on Friday. Royal Bank Of Canada reiterated an “outperform” rating on shares of Northland Power in a report on Friday, November 14th. Finally, BMO Capital Markets restated an “outperform” rating on shares of Northland Power in a research note on Thursday, August 14th. Four research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

Northland Power Trading Down 3.2%

The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 1.32. The stock has a market capitalization of $3.15 billion and a PE ratio of -14.89. The stock has a 50 day moving average price of $16.77 and a 200-day moving average price of $16.16.

Northland Power Cuts Dividend

The company also recently declared a dividend, which was paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th were paid a dividend of $0.0724 per share. This represents a dividend yield of 542.0%. The ex-dividend date was Monday, September 29th. Northland Power’s payout ratio is currently -104.94%.

Northland Power Company Profile

Northland Power Inc, an independent power producer, develops, builds, owns, and operates clean and green power projects in Canada, Netherlands, Germany, Spain, Colombia, and internationally. The company produces electricity from renewable resources, such as wind and solar, as well as natural gas for sale under power purchase agreements and other revenue arrangements.