Innergex Renewable Energy Inc. (OTCMKTS:INGXF – Get Free Report) was the recipient of a large growth in short interest in January. As of January 15th, there was short interest totalling 1,923,000 shares, a growth of 6.5% from the December 31st total of 1,806,300 shares. Based on an average trading volume of 25,800 shares, the days-to-cover ratio is currently 74.5 days.
Innergex Renewable Energy Stock Performance
Shares of INGXF opened at $4.96 on Tuesday. Innergex Renewable Energy has a 12-month low of $4.81 and a 12-month high of $7.90. The stock has a market cap of $1.01 billion, a P/E ratio of -10.12 and a beta of 0.65. The company has a current ratio of 0.56, a quick ratio of 0.56 and a debt-to-equity ratio of 4.50. The company has a 50-day moving average of $5.71 and a two-hundred day moving average of $6.47.
Innergex Renewable Energy (OTCMKTS:INGXF – Get Free Report) last issued its quarterly earnings data on Wednesday, November 6th. The company reported $0.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.02 by $0.01. Innergex Renewable Energy had a negative return on equity of 1.70% and a negative net margin of 13.73%. The firm had revenue of $179.04 million during the quarter, compared to the consensus estimate of $192.68 million. As a group, research analysts predict that Innergex Renewable Energy will post -0.08 EPS for the current fiscal year.
Innergex Renewable Energy Cuts Dividend
Innergex Renewable Energy Company Profile
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.
Recommended Stories
- Five stocks we like better than Innergex Renewable Energy
- What is the Dow Jones Industrial Average (DJIA)?
- How to Invest in Small Cap Stocks
- 3 Ways To Invest In Coffee, Other Than Drinking It
- These Are the Dividend Stocks Insiders Bought in January
- Business Services Stocks Investing
- How the ‘No Buy’ Trend of 2025 Is Boosting These 3 Stocks
Receive News & Ratings for Innergex Renewable Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Innergex Renewable Energy and related companies with MarketBeat.com's FREE daily email newsletter.