Northland Power, Inc. (OTCMKTS:NPIFF) Receives Average Rating of “Hold” from Brokerages

Northland Power, Inc. (OTCMKTS:NPIFF) has earned an average rating of “Hold” from the seven ratings firms that are currently covering the firm, MarketBeat reports. Four research analysts have rated the stock with a hold rating and three have given a buy rating to the company.

A number of research analysts have recently commented on NPIFF shares. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Northland Power in a report on Friday, March 27th. BMO Capital Markets reissued a “market perform” rating on shares of Northland Power in a research report on Thursday, May 14th. Scotiabank restated a “sector perform” rating on shares of Northland Power in a research note on Friday, May 15th. Desjardins reaffirmed a “hold” rating on shares of Northland Power in a research report on Friday, May 1st. Finally, TD Securities reaffirmed a “hold” rating on shares of Northland Power in a research note on Friday, May 15th.

Northland Power Stock Up 0.2%

OTCMKTS:NPIFF opened at $15.55 on Friday. Northland Power has a twelve month low of $11.43 and a twelve month high of $18.44. The company has a market cap of $4.07 billion and a price-to-earnings ratio of -37.02. The stock has a fifty day simple moving average of $16.06 and a 200-day simple moving average of $15.68. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 1.37.

About Northland Power

Northland Power Inc is a Canadian developer, owner and operator of power generation facilities, with a focus on clean and green energy. The company’s portfolio encompasses natural gas–fired, wind, solar and thermal projects, and its operations span from onshore and nearshore facilities in Canada to offshore wind farms in Europe. Northland Power is structured to manage all stages of a project’s lifecycle, from early-stage development and financing through construction and long-term operation.

In Canada, Northland Power operates a mix of combined-cycle gas turbines and peaking plants, as well as solar installations, serving industrial and municipal customers under long-term contracts.