Pattern Energy Group Inc (PEG) Earns Outperform Rating from Royal Bank Of Canada
Pattern Energy Group (TSE:PEG) traded down 0.63% on Friday, hitting $31.35. 4,972 shares of the stock were exchanged. The company has a 50-day moving average price of $31.02 and a 200 day moving average price of $28.34. Pattern Energy Group has a 1-year low of $20.50 and a 1-year high of $33.00. The company’s market capitalization is $2.39 billion.
About Pattern Energy Group
Pattern Energy Group Inc (Pattern Energy) is an independent power company focused on owning and operating power projects. The Company holds interests in over 16 wind power projects located in the United States, Canada and Chile with total capacity of over 2,280 megawatts (MW). Each of its projects has contracted to sell its output pursuant to a power sale agreement.
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