Northland Power Inc. (TSE:NPI - Get Free Report) shares reached a new 52-week low on Friday . The stock traded as low as C$17.82 and last traded at C$18.15, with a volume of 41239 shares traded. The stock had previously closed at C$17.97.
Wall Street Analyst Weigh In
Separately, Raymond James upgraded Northland Power to a "moderate buy" rating in a report on Friday, November 15th. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company's stock. According to MarketBeat.com, Northland Power currently has an average rating of "Moderate Buy" and an average price target of C$30.14.
Read Our Latest Stock Analysis on Northland Power
Northland Power Stock Performance
The stock has a market cap of C$4.66 billion, a P/E ratio of 75.38, a P/E/G ratio of 0.71 and a beta of 0.47. The firm has a 50 day moving average of C$20.49 and a two-hundred day moving average of C$22.14. The company has a debt-to-equity ratio of 166.53, a quick ratio of 1.23 and a current ratio of 0.86.
Northland Power Dividend Announcement
The business also recently announced a monthly dividend, which was paid on Monday, December 16th. Investors of record on Monday, December 16th were paid a dividend of $0.10 per share. This represents a $1.20 annualized dividend and a yield of 6.63%. The ex-dividend date of this dividend was Friday, November 29th. Northland Power's payout ratio is currently 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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