Northland Power, Inc. (OTCMKTS:NPIFF) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of Northland Power, Inc. (OTCMKTS:NPIFF) have earned a consensus rating of “Moderate Buy” from the eight ratings firms that are currently covering the stock, Marketbeat reports. Three investment analysts have rated the stock with a hold rating and five have issued a buy rating on the company.

A number of equities research analysts have issued reports on NPIFF shares. CIBC reissued an “outperform” rating on shares of Northland Power in a report on Friday, November 21st. Royal Bank Of Canada reiterated an “outperform” rating on shares of Northland Power in a research report on Friday, November 14th. TD Securities lowered shares of Northland Power from a “buy” rating to a “hold” rating in a research report on Friday, November 21st. National Bankshares restated an “outperform” rating on shares of Northland Power in a report on Wednesday, December 3rd. Finally, Scotiabank reaffirmed a “sector perform” rating on shares of Northland Power in a research note on Friday, November 21st.

Northland Power Trading Down 1.0%

Shares of OTCMKTS:NPIFF opened at $12.49 on Tuesday. The firm has a market cap of $3.27 billion and a P/E ratio of -15.42. The company has a 50 day moving average of $15.46 and a 200-day moving average of $15.93. The company has a current ratio of 1.03, a quick ratio of 0.91 and a debt-to-equity ratio of 1.49. Northland Power has a twelve month low of $11.04 and a twelve month high of $18.44.

Northland Power Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, December 15th. Shareholders of record on Monday, December 1st will be issued a $0.0714 dividend. This represents a yield of 744.0%. The ex-dividend date is Friday, November 28th. Northland Power’s dividend payout ratio 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.