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

Shares of Northland Power, Inc. (OTCMKTS:NPIFF) have been assigned an average recommendation of “Moderate Buy” from the seven ratings firms that are presently covering the firm, MarketBeat.com reports. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating on the company.

NPIFF has been the topic of several research reports. Scotiabank restated a “sector perform” rating on shares of Northland Power in a report on Friday, May 15th. TD Securities upgraded shares of Northland Power from a “hold” rating to a “buy” rating in a report on Friday, August 14th.

Northland Power Stock Performance

Shares of NPIFF stock opened at $15.30 on Monday. 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 stock’s 50-day moving average price is $15.36 and its 200 day moving average price is $16.04. Northland Power has a 52-week low of $11.43 and a 52-week high of $18.44. The stock has a market capitalization of $4.00 billion, a PE ratio of -37.32 and a beta of 0.14.

About Northland Power

Northland Power Inc is a Canadian independent power producer that develops, owns and operates renewable and other sustainable power infrastructure. The company generates electricity primarily through offshore wind, onshore renewables, efficient natural gas and utility operations, with a focus on long-term ownership and operation of energy assets.

Founded in 1987 and headquartered in Toronto, Ontario, Northland has expanded from its Canadian power-generation roots into an international energy business.