Northland Power (OTCMKTS:NPIFF) Shares Down 4.9% – Time to Sell?

Northland Power, Inc. (OTCMKTS:NPIFF)’s share price traded down 4.9% on Friday . The stock traded as low as $11.8450 and last traded at $11.85. 10,107 shares were traded during trading, a decline of 86% from the average session volume of 72,701 shares. The stock had previously closed at $12.46.

Analyst Ratings Changes

Several analysts have issued reports on the company. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Northland Power in a research note on Friday, November 14th. CIBC reaffirmed an “outperform” rating on shares of Northland Power in a research note on Friday. TD Securities lowered Northland Power from a “buy” rating to a “hold” rating in a research report on Friday. Scotiabank reissued a “sector perform” rating on shares of Northland Power in a research report on Friday. Finally, BMO Capital Markets restated an “outperform” rating on shares of Northland Power in a report on Thursday, August 14th. Four equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

Northland Power Stock Down 3.8%

The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 1.32. The stock has a market capitalization of $3.13 billion and a PE ratio of -14.80. The firm’s fifty day moving average is $16.86 and its 200-day moving average is $16.15.

Northland Power Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th were paid a dividend of $0.0724 per share. This represents a dividend yield of 542.0%. The ex-dividend date of this dividend was Monday, September 29th. Northland Power’s dividend payout ratio (DPR) is -104.94%.

Northland Power Company Profile

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.