Northland Power, Inc. (OTCMKTS:NPIFF) Stock Rated “Moderate Buy” by Sell-Side Brokerages

Shares of Northland Power, Inc. (OTCMKTS:NPIFF) have been given a consensus rating of “Moderate Buy” by the seven research firms that are currently covering the firm, Marketbeat reports. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating on the company.

Separately, TD Securities upgraded shares of Northland Power from a “hold” rating to a “buy” rating in a research note on Friday, August 14th.

Northland Power Stock Up 3.9%

OTCMKTS:NPIFF opened at $16.32 on Friday. The company has a debt-to-equity ratio of 1.32, a current ratio of 1.04 and a quick ratio of 1.04. Northland Power has a 1-year low of $11.43 and a 1-year high of $18.44. The company has a 50-day moving average of $15.43 and a 200 day moving average of $16.05. The firm has a market cap of $4.27 billion, a PE ratio of -39.80 and a beta of 0.06.

About Northland Power

Northland Power Inc is a Canadian independent power producer that develops, owns and operates renewable and sustainable energy infrastructure. The company’s portfolio includes offshore and onshore wind, solar power, efficient natural gas generation and energy storage projects.

Founded in 1987 and headquartered in Toronto, Ontario, Northland Power has expanded its activities beyond Canada into international markets. Its projects and development activities have included Canada, the United States, Europe and selected countries in Asia and Latin America, with a particular focus on large-scale offshore wind opportunities.

Northland Power manages the full project lifecycle, including development, construction, ownership and operation of electricity-generating facilities.