Innergex Renewable Energy Inc. (OTCMKTS:INGXF - Get Free Report) hit a new 52-week low on Tuesday . The company traded as low as $5.14 and last traded at $5.16, with a volume of 25884 shares traded. The stock had previously closed at $5.38.
Innergex Renewable Energy Stock Down 4.0 %
The stock has a market cap of $1.05 billion, a P/E ratio of -10.54 and a beta of 0.65. The firm has a 50 day simple moving average of $5.81 and a 200-day simple moving average of $6.57. The company has a quick ratio of 0.56, a current ratio of 0.56 and a debt-to-equity ratio of 4.50.
Innergex Renewable Energy (OTCMKTS:INGXF - Get Free Report) last posted its quarterly earnings results on Wednesday, November 6th. The company reported $0.03 earnings per share for the quarter, beating analysts' consensus estimates of $0.02 by $0.01. Innergex Renewable Energy had a negative return on equity of 1.70% and a negative net margin of 13.73%. The business had revenue of $179.04 million for the quarter, compared to analysts' expectations of $192.68 million. On average, equities research analysts forecast that Innergex Renewable Energy Inc. will post -0.08 earnings per share for the current fiscal year.
Innergex Renewable Energy Cuts Dividend
The company also recently declared a dividend, which was paid on Wednesday, January 15th. Investors of record on Wednesday, January 1st were paid a $0.0649 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a yield of 4.6%. Innergex Renewable Energy's dividend payout ratio (DPR) is presently -51.02%.
Innergex Renewable Energy Company Profile
(
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Innergex Renewable Energy Inc operates as an independent renewable power producer in Canada, the United States, France, and Chile. It acquires, owns, develops, and operates renewable power-generating and energy storage facilities primarily in hydroelectric, wind, and solar power sectors. The company operates through three segments: Hydroelectric Power Generation, Wind Power Generation, and Solar Power Generation.
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