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

Shares of Northland Power, Inc. (OTCMKTS:NPIFF) have received an average rating of “Moderate Buy” from the seven research firms that are currently covering the stock, Marketbeat Ratings reports. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company.

A number of equities analysts recently weighed in on NPIFF shares. Desjardins restated a “hold” rating on shares of Northland Power in a report on Friday, May 1st. BMO Capital Markets reissued a “market perform” rating on shares of Northland Power in a research report on Thursday, May 14th. TD Securities upgraded Northland Power from a “hold” rating to a “buy” rating in a research note on Friday. Finally, Scotiabank restated a “sector perform” rating on shares of Northland Power in a research note on Friday, May 15th.

Northland Power Stock Down 0.9%

NPIFF stock opened at $15.43 on Thursday. The company has a market cap of $4.03 billion, a price-to-earnings ratio of -37.63 and a beta of 0.17. Northland Power has a twelve month low of $11.43 and a twelve month high of $18.44. The business has a 50 day moving average price of $15.59 and a two-hundred day moving average price of $15.90. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 1.37.

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.