Innergex Renewable Energy Inc. (OTCMKTS:INGXF - Get Free Report) passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $7.05 and traded as high as $7.23. Innergex Renewable Energy shares last traded at $7.15, with a volume of 750 shares traded.
Innergex Renewable Energy Stock Performance
The company has a market capitalization of $1.44 billion, a price-to-earnings ratio of -14.77 and a beta of 0.65. The stock has a 50 day simple moving average of $7.06 and a 200 day simple moving average of $6.86. The company has a quick ratio of 0.57, a current ratio of 0.57 and a debt-to-equity ratio of 4.19.
Innergex Renewable Energy (OTCMKTS:INGXF - Get Free Report) last issued its quarterly earnings data on Wednesday, August 7th. The company reported ($0.02) EPS for the quarter. The company had revenue of $175.05 million for the quarter. Innergex Renewable Energy had a negative return on equity of 2.08% and a negative net margin of 13.13%.
Innergex Renewable Energy Cuts Dividend
The company also recently disclosed a dividend, which will be paid on Tuesday, October 15th. Investors of record on Monday, September 30th will be issued a $0.0655 dividend. The ex-dividend date is Friday, September 27th. This represents a dividend yield of 3.57%. Innergex Renewable Energy's dividend payout ratio (DPR) is presently -54.17%.
Innergex Renewable Energy Company Profile
(
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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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