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

Shares of Northland Power, Inc. (OTCMKTS:NPIFF) have earned a consensus recommendation of “Moderate Buy” from the seven analysts that are presently covering the firm, Marketbeat reports. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company.

A number of analysts recently commented on NPIFF shares. TD Securities upgraded shares of Northland Power from a “hold” rating to a “buy” rating in a research note on Friday, August 14th. Scotiabank restated a “sector perform” rating on shares of Northland Power in a research report on Friday, May 15th. Finally, BMO Capital Markets reiterated a “market perform” rating on shares of Northland Power in a research report on Thursday, May 14th.

Northland Power Price Performance

Shares of OTCMKTS:NPIFF opened at $15.65 on Monday. The firm has a market capitalization of $4.09 billion, a PE ratio of -38.17 and a beta of 0.14. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 1.37. The company has a 50-day moving average price of $15.36 and a two-hundred day moving average price of $16.04. Northland Power has a twelve month low of $11.43 and a twelve month high of $18.44.

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.