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

Northland Power, Inc. (OTCMKTS:NPIFF) has been given an average recommendation of “Hold” by the seven research firms that are presently covering the firm, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company.

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

Northland Power Stock Down 2.0%

OTCMKTS:NPIFF opened at $15.77 on Wednesday. Northland Power has a fifty-two week low of $11.43 and a fifty-two week high of $18.44. The stock has a market capitalization of $4.12 billion and a P/E ratio of -37.55. The company has a debt-to-equity ratio of 1.37, a quick ratio of 1.16 and a current ratio of 1.16. The company’s 50-day simple moving average is $16.69 and its 200-day simple moving average is $15.26.

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.