Northland Power Inc. (TSE:NPI - Get Free Report) hit a new 52-week low during mid-day trading on Friday . The company traded as low as C$19.09 and last traded at C$19.10, with a volume of 588568 shares changing hands. The stock had previously closed at C$19.65.
Wall Street Analyst Weigh In
Separately, Raymond James raised shares of Northland Power to a "moderate buy" rating in a report on Friday, November 15th. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, Northland Power presently has an average rating of "Moderate Buy" and a consensus price target of C$30.14.
Get Our Latest Stock Report on NPI
Northland Power Price Performance
The stock has a fifty day moving average of C$21.14 and a 200-day moving average of C$22.41. The firm has a market capitalization of C$4.90 billion, a P/E ratio of 79.25, a PEG 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 Dividend Announcement
The business also recently announced a monthly dividend, which will be paid on Monday, December 16th. Shareholders of record on Monday, December 16th will be paid a $0.10 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 6.31%. The ex-dividend date is Friday, November 29th. Northland Power's dividend payout ratio is presently 500.00%.
Northland Power Company Profile
(
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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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