Northland Power Inc. (TSE:NPI - Get Free Report)'s share price hit a new 52-week low on Thursday . The company traded as low as C$19.11 and last traded at C$19.85, with a volume of 131356 shares changing hands. The stock had previously closed at C$20.22.
Northland Power Price Performance
The company has a 50 day simple moving average of C$21.63 and a 200 day simple moving average of C$22.56. The company has a market capitalization of C$5.24 billion, a price-to-earnings ratio of 84.79, a price-to-earnings-growth ratio of 0.71 and a beta of 0.47. The company has a quick ratio of 1.23, a current ratio of 0.86 and a debt-to-equity ratio of 166.53.
Northland Power (TSE:NPI - Get Free Report) last posted its quarterly earnings results on Wednesday, August 14th. The solar energy provider reported C$0.25 EPS for the quarter, beating the consensus estimate of C$0.17 by C$0.08. Northland Power had a net margin of 2.98% and a return on equity of 3.95%. The firm had revenue of C$528.97 million for the quarter, compared to analyst estimates of C$526.10 million.
Northland Power Announces Dividend
The business also recently disclosed a monthly dividend, which will be paid on Monday, December 16th. Shareholders of record on Friday, November 29th will be given a $0.10 dividend. This represents a $1.20 annualized dividend and a yield of 5.90%. The ex-dividend date is Friday, November 29th. Northland Power's dividend payout ratio (DPR) is presently 500.00%.
About Northland Power
(
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Northland Power Inc, an independent power producer, develops, builds, owns, and operates clean and green power projects in Canada, Netherlands, Germany, Spain, Colombia, and internationally. The company produces electricity from renewable resources, such as wind and solar, as well as natural gas for sale under power purchase agreements and other revenue arrangements.
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