Innergex Renewable Energy Inc. (OTCMKTS:INGXF - Get Free Report)'s stock price hit a new 52-week low on Monday . The stock traded as low as $4.81 and last traded at $4.96, with a volume of 98084 shares trading hands. The stock had previously closed at $5.14.
Innergex Renewable Energy Trading Down 1.9 %
The firm has a market capitalization of $1.00 billion, a P/E ratio of -10.08 and a beta of 0.65. The firm has a 50 day simple moving average of $5.61 and a two-hundred day simple moving average of $6.42. The company has a debt-to-equity ratio of 4.50, a quick ratio of 0.56 and a current ratio of 0.56.
Innergex Renewable Energy (OTCMKTS:INGXF - Get Free Report) last announced its quarterly earnings data on Wednesday, November 6th. The company reported $0.03 EPS for the quarter, topping the consensus estimate of $0.02 by $0.01. The business had revenue of $179.04 million for the quarter, compared to analyst estimates of $192.68 million. Innergex Renewable Energy had a negative net margin of 13.73% and a negative return on equity of 1.70%. Equities research analysts forecast that Innergex Renewable Energy Inc. will post -0.08 earnings per share for the current year.
Innergex Renewable Energy Cuts Dividend
The company also recently disclosed a dividend, which was paid on Wednesday, January 15th. Stockholders of record on Wednesday, January 1st were given a $0.0649 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a dividend yield of 4.6%. Innergex Renewable Energy's dividend payout ratio (DPR) is currently -51.02%.
Innergex Renewable Energy Company Profile
(
Get Free Report)
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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