Innergex Renewable Energy (OTCMKTS:INGXF) stock price is above its 50-day moving average of $6.04

During Thursday’s trading, the share price of Innergex Renewable Energy Inc. (OTCMKTS:INGXF – Get Free Report) has broken above its 50-day moving average. The stock has a 50-day moving average of $6.04 and has traded as high as $6.50. Innergex Renewable Energy stock last traded at $6.43 on volume of 3,053 shares.

Innerex renewable energy price results

The company has a market capitalization of $1.31 billion, a PE ratio of -13.40 and a beta of 0.57. The company’s 50-day moving average is $6.04 and its 200-day moving average is $6.40. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 5.62.

Innergex Renewable Energy (OTCMKTS:INGXF – Get Free Report) last released its earnings results on Wednesday, February 21st. The company observed ($0.03) EPS for the quarter. The company had revenue of $192.12 million during the quarter. Innergex Renewable Energy had a negative net margin of 12.81% and a negative return on equity of 0.67%.

Innerex Renewable energy cuts dividend

Recently, the company also announced a dividend, which was paid on Monday, April 15. On Thursday, March 28, shareholders of record received a dividend of $0.0666. This means a dividend yield of 4.52%. The ex-dividend date for this dividend was Wednesday, March 27. Innergex Renewable Energy’s dividend payout ratio is currently -56.25%.

Innerex Renewable Energy Information

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Innergex Renewable Energy Inc operates as an independent renewable energy producer in Canada, the United States, France and Chile. It acquires, owns, develops and operates renewable energy generation and storage facilities, primarily in the hydroelectric, wind and solar energy sectors. The company operates in three segments: hydropower generation, wind power generation and solar power generation.

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