Northland Power, Inc. (OTCMKTS:NPIFF) Receives Average Rating of “Moderate Buy” from Brokerages

Northland Power, Inc. (OTCMKTS:NPIFF) has been given an average recommendation of “Moderate Buy” by the eight analysts that are presently covering the stock, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company.

Several analysts have recently issued reports on the company. Desjardins downgraded Northland Power to a “hold” rating in a research note on Friday, November 14th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Northland Power in a research report on Friday, November 14th. National Bankshares reiterated an “outperform” rating on shares of Northland Power in a report on Wednesday, December 3rd. Scotiabank restated a “sector perform” rating on shares of Northland Power in a research note on Friday, November 21st. Finally, CIBC reaffirmed an “outperform” rating on shares of Northland Power in a report on Friday, November 21st.

Northland Power Trading Up 1.1%

Shares of OTCMKTS:NPIFF opened at $12.63 on Tuesday. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 1.49. The stock has a market capitalization of $3.30 billion and a PE ratio of -15.59. Northland Power has a 1 year low of $11.04 and a 1 year high of $18.44. The firm has a fifty day moving average price of $15.37 and a 200 day moving average price of $15.92.

Northland Power Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 1st were issued a dividend of $0.0714 per share. This represents a yield of 744.0%. The ex-dividend date was Friday, November 28th. Northland Power’s dividend payout ratio is -62.96%.

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.