Northland Power, Inc. (OTCMKTS:NPIFF) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of Northland Power, Inc. (OTCMKTS:NPIFF) have been given a consensus recommendation of “Moderate Buy” by the eight analysts that are covering the company, Marketbeat.com reports. Three research analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company.

Several analysts have issued reports on NPIFF shares. Royal Bank Of Canada reissued an “outperform” rating on shares of Northland Power in a report on Friday, November 14th. National Bankshares reiterated an “outperform” rating on shares of Northland Power in a research note on Wednesday, December 3rd. CIBC reissued an “outperform” rating on shares of Northland Power in a report on Friday, November 21st. TD Securities downgraded shares of Northland Power from a “buy” rating to a “hold” rating in a report on Friday, November 21st. Finally, Scotiabank reissued a “sector perform” rating on shares of Northland Power in a research note on Friday, November 21st.

Northland Power Trading Up 0.7%

OTCMKTS:NPIFF opened at $13.33 on Friday. The company has a debt-to-equity ratio of 1.49, a current ratio of 1.03 and a quick ratio of 1.03. The firm has a market capitalization of $3.49 billion and a price-to-earnings ratio of -16.46. Northland Power has a one year low of $11.04 and a one year high of $18.44. The business has a fifty day moving average price of $13.72 and a 200-day moving average price of $15.61.

Northland Power Cuts Dividend

The firm also recently declared a dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 1st were paid a $0.0714 dividend. This represents a yield of 744.0%. The ex-dividend date was Friday, November 28th. Northland Power’s dividend payout ratio is presently -64.20%.

About Northland Power

Northland Power Inc is a Canadian developer, owner and operator of power generation facilities, with a focus on clean and green energy. The company’s portfolio encompasses natural gas–fired, wind, solar and thermal projects, and its operations span from onshore and nearshore facilities in Canada to offshore wind farms in Europe. Northland Power is structured to manage all stages of a project’s lifecycle, from early-stage development and financing through construction and long-term operation.

In Canada, Northland Power operates a mix of combined-cycle gas turbines and peaking plants, as well as solar installations, serving industrial and municipal customers under long-term contracts.