Northland Power (OTCMKTS:NPIFF) Shares Gap Down – Should You Sell?

Shares of Northland Power, Inc. (OTCMKTS:NPIFF) gapped down prior to trading on Monday. The stock had previously closed at $15.5190, but opened at $14.79. Northland Power shares last traded at $14.79, with a volume of 360 shares changing hands.

Analyst Ratings Changes

Separately, TD Securities upgraded Northland Power from a “hold” rating to a “buy” rating in a report on Friday, August 14th. Four analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Northland Power has a consensus rating of “Moderate Buy”.

Northland Power Price Performance

The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 1.32. The firm has a fifty day moving average of $15.47 and a two-hundred day moving average of $16.00. The company has a market capitalization of $3.87 billion, a PE ratio of -36.07 and a beta of 0.06.

About Northland Power

Northland Power Inc is a Canadian independent power producer that develops, owns and operates renewable and sustainable energy infrastructure. The company’s portfolio includes offshore and onshore wind, solar power, efficient natural gas generation and energy storage projects.

Founded in 1987 and headquartered in Toronto, Ontario, Northland Power has expanded its activities beyond Canada into international markets. Its projects and development activities have included Canada, the United States, Europe and selected countries in Asia and Latin America, with a particular focus on large-scale offshore wind opportunities.

Northland Power manages the full project lifecycle, including development, construction, ownership and operation of electricity-generating facilities.