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

Northland Power, Inc. (OTCMKTS:NPIFF) has been given an average recommendation of “Hold” by the seven research firms that are covering the company, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company.

Several equities research analysts recently commented on the stock. BMO Capital Markets reiterated 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. TD Securities reaffirmed a “hold” rating on shares of Northland Power in a report on Friday, May 15th. Finally, Scotiabank reiterated a “sector perform” rating on shares of Northland Power in a research report on Friday, May 15th.

Northland Power Trading Down 1.0%

Shares of Northland Power stock opened at $15.55 on Thursday. The company has a fifty day simple moving average of $15.66 and a 200-day simple moving average of $15.87. Northland Power has a 12-month low of $11.43 and a 12-month high of $18.44. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 1.37. The stock has a market cap of $4.07 billion, a price-to-earnings ratio of -37.02 and a beta of 0.17.

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.