Northland Power, Inc. (OTCMKTS:NPIFF) Given Consensus Rating of “Hold” by Brokerages

Shares of Northland Power, Inc. (OTCMKTS:NPIFF) have received an average recommendation of “Hold” from the seven brokerages that are currently covering the stock, MarketBeat.com reports. Four investment analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company.

NPIFF has been the topic of several research analyst reports. BMO Capital Markets restated a “market perform” rating on shares of Northland Power in a research note on Thursday, May 14th. Desjardins restated a “hold” rating on shares of Northland Power in a research note on Friday, May 1st. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Northland Power in a research note on Friday, March 27th. Scotiabank restated a “sector perform” rating on shares of Northland Power in a research note on Friday, May 15th. Finally, TD Securities restated a “hold” rating on shares of Northland Power in a research note on Friday, May 15th.

Northland Power Stock Performance

Shares of NPIFF opened at $15.71 on Wednesday. The business’s fifty day moving average price is $16.57 and its 200 day moving average price is $15.37. Northland Power has a 12-month low of $11.43 and a 12-month high of $18.44. The stock has a market capitalization of $4.11 billion and a PE ratio of -37.40. The company has a debt-to-equity ratio of 1.37, a current ratio of 1.16 and a quick ratio of 1.16.

Northland Power Company Profile

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.