Northland Power (OTCMKTS:NPIFF) Shares Gap Down – What’s Next?

Northland Power, Inc. (OTCMKTS:NPIFF – Get Free Report)’s share price gapped down before the market opened on Monday. The stock had previously closed at $15.5190, but opened at $14.79. Northland Power shares last traded at $14.79, with a volume of 360 shares.

Wall Street Analyst Weigh In

Separately, TD Securities raised Northland Power from a “hold” rating to a “buy” rating in a report on Friday, August 14th. Four investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, Northland Power currently has a consensus rating of “Moderate Buy”.

View Our Latest Analysis on NPIFF

Northland Power Stock Down 5.7%

The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 1.32. The firm has a market capitalization of $3.87 billion, a PE ratio of -36.07 and a beta of 0.06. The business has a 50-day moving average price of $15.47 and a 200-day moving average price of $16.00.

Northland Power Company Profile

(Get Free Report)

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.

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