Northland Power (OTCMKTS:NPIFF) Trading Down 0.1% – Time to Sell?

Shares of Northland Power Inc. (OTCMKTS:NPIFF) were down 0.1% during trading on Thursday . The stock traded as low as $15.99 and last traded at $16.01. Approximately 2,551 shares were traded during mid-day trading, a decline of 97% from the average daily volume of 80,361 shares. The stock had previously closed at $16.02.

Northland Power Stock Performance

The company’s 50 day moving average price is $16.22 and its 200 day moving average price is $16.61.

Northland Power Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Friday, November 15th. Investors of record on Friday, November 1st will be issued a $0.0727 dividend. The ex-dividend date of this dividend is Thursday, October 31st. This represents a yield of 5.4%. Northland Power’s payout ratio is -341.67%.

Northland Power Company Profile

Northland Power Inc, an independent power producer, develops, builds, owns, and operates clean and green power projects in Canada, Netherlands, Germany, Spain, Colombia, and internationally. The company produces electricity from renewable resources, such as wind and solar, as well as natural gas for sale under power purchase agreements and other revenue arrangements.