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

Northland Power, Inc. (OTCMKTS:NPIFF) has earned an average recommendation of “Hold” from the seven ratings firms that are presently covering the company, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating on the company.

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

Northland Power Price Performance

OTCMKTS NPIFF opened at $16.30 on Friday. Northland Power has a twelve month low of $11.43 and a twelve month high of $18.44. The company has a debt-to-equity ratio of 1.42, a quick ratio of 1.07 and a current ratio of 1.07. The stock has a market capitalization of $4.26 billion and a PE ratio of -38.82. The stock has a 50-day simple moving average of $16.91 and a 200 day simple moving average of $14.91.

Northland Power Company Profile

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.