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

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

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

Northland Power Price Performance

NPIFF stock opened at $15.77 on Wednesday. Northland Power has a one year low of $11.43 and a one year high of $18.44. The company’s fifty day moving average price is $16.69 and its 200-day moving average price is $15.26. The company has a debt-to-equity ratio of 1.37, a quick ratio of 1.16 and a current ratio of 1.16. The company has a market capitalization of $4.12 billion and a PE ratio of -37.55.

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.