Innergex Renewable Energy Inc. (OTCMKTS:INGXF – Get Free Report)’s share price crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $7.05 and traded as high as $7.23. Innergex Renewable Energy shares last traded at $7.15, with a volume of 750 shares traded.
Innergex Renewable Energy Stock Down 2.4 %
The business’s 50 day simple moving average is $7.05 and its 200 day simple moving average is $6.86. The company has a market capitalization of $1.45 billion, a PE ratio of -14.89 and a beta of 0.65. The company has a debt-to-equity ratio of 4.19, a current ratio of 0.57 and a quick ratio of 0.57.
Innergex Renewable Energy (OTCMKTS:INGXF – Get Free Report) last posted its earnings results on Wednesday, August 7th. The company reported ($0.02) EPS for the quarter. The business had revenue of $175.05 million during the quarter. Innergex Renewable Energy had a negative net margin of 13.13% and a negative return on equity of 2.08%.
Innergex Renewable Energy Cuts Dividend
Innergex Renewable Energy Company Profile
Innergex Renewable Energy Inc operates as an independent renewable power producer in Canada, the United States, France, and Chile. It acquires, owns, develops, and operates renewable power-generating and energy storage facilities primarily in hydroelectric, wind, and solar power sectors. The company operates through three segments: Hydroelectric Power Generation, Wind Power Generation, and Solar Power Generation.
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