Innergex Renewable Energy (OTCMKTS:INGXF) Sets New 1-Year High at $11.46

Shares of Innergex Renewable Energy Inc (OTCMKTS:INGXF) reached a new 52-week high during trading on Tuesday . The company traded as high as $11.46 and last traded at $11.46, with a volume of 2010 shares. The stock had previously closed at $11.46.

Separately, ValuEngine raised shares of Innergex Renewable Energy from a “hold” rating to a “buy” rating in a report on Monday, May 20th.

The company has a market capitalization of $1.53 billion, a PE ratio of 104.18 and a beta of 0.67. The business has a fifty day moving average price of $11.04. The company has a debt-to-equity ratio of 5.43, a quick ratio of 1.09 and a current ratio of 1.09.

Innergex Renewable Energy (OTCMKTS:INGXF) last announced its quarterly earnings results on Tuesday, May 14th. The company reported ($0.09) earnings per share (EPS) for the quarter. The business had revenue of $95.09 million during the quarter. Innergex Renewable Energy had a net margin of 5.78% and a return on equity of 2.80%.

The business also recently declared a quarterly dividend, which was paid on Monday, July 15th. Investors of record on Friday, June 28th were given a dividend of $0.131 per share. This represents a $0.52 annualized dividend and a yield of 4.57%. The ex-dividend date of this dividend was Thursday, June 27th.

Innergex Renewable Energy Company Profile (OTCMKTS:INGXF)

Innergex Renewable Energy, Inc engages in the development, acquisition, and operations of run-of-river hydroelectric facilities, wind farms, solar photovoltaic farms, and geothermal power generation plants. It operates through the following segments: Hydroelectric Generation, Wind Power Generation, Solar Power Generation, and Site Development.

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