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

Northland Power, Inc. (OTCMKTS:NPIFF) has been given an average recommendation of “Moderate Buy” by the seven brokerages that are covering the company, Marketbeat.com reports. Three research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company.

Several analysts recently commented on the company. Scotiabank reaffirmed a “sector perform” rating on shares of Northland Power in a report on Friday, May 15th. 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, August 14th. Finally, Desjardins reaffirmed a “hold” rating on shares of Northland Power in a research report on Friday, May 1st.

Northland Power Price Performance

Shares of NPIFF opened at $15.32 on Thursday. The firm has a fifty day simple moving average of $15.56 and a two-hundred day simple moving average of $15.92. The firm has a market cap of $4.01 billion, a PE ratio of -37.37 and a beta of 0.17. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 1.37. Northland Power has a 1-year low of $11.43 and a 1-year high of $18.44.

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.