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

Northland Power, Inc. (OTCMKTS:NPIFF) has been assigned an average rating of “Hold” from the seven research firms that are covering the firm, Marketbeat.com reports. Four analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company.

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

Northland Power Stock Performance

Shares of NPIFF stock opened at $15.45 on Friday. Northland Power has a 12 month low of $11.43 and a 12 month high of $18.44. The company has a debt-to-equity ratio of 1.37, a current ratio of 1.16 and a quick ratio of 1.16. The firm has a market capitalization of $4.04 billion and a P/E ratio of -36.79. The company’s fifty day moving average price is $16.16 and its two-hundred day moving average price is $15.60.

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.