Shares of Innergex Renewable Energy Inc. (OTCMKTS:INGXF - Get Free Report) passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $5.56 and traded as low as $4.95. Innergex Renewable Energy shares last traded at $4.95, with a volume of 119,285 shares trading hands.
Innergex Renewable Energy Stock Performance
The company has a debt-to-equity ratio of 4.50, a current ratio of 0.56 and a quick ratio of 0.56. The business has a 50-day simple moving average of $5.48 and a 200-day simple moving average of $6.33. The firm has a market capitalization of $1.06 billion, a PE ratio of -10.63 and a beta of 0.65.
Innergex Renewable Energy Cuts Dividend
The company also recently disclosed 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 was Tuesday, December 31st. This represents a yield of 4.6%. Innergex Renewable Energy's dividend payout ratio (DPR) is currently -51.02%.
About Innergex Renewable Energy
(
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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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