Polaris Infrastructure Inc (TSE:PIF) shares crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $14.40 and traded as low as $14.22. Polaris Infrastructure shares last traded at $14.31, with a volume of 29,072 shares changing hands.
A number of equities analysts recently issued reports on the stock. Beacon Securities reiterated a “buy” rating on shares of Polaris Infrastructure in a research report on Wednesday, July 8th. Raymond James set a C$25.00 price objective on shares of Polaris Infrastructure and gave the company an “outperform” rating in a research note on Wednesday, June 17th.
The firm’s 50 day moving average price is C$14.40 and its 200-day moving average price is C$13.55. The firm has a market cap of $224.75 million and a price-to-earnings ratio of 15.06. The company has a debt-to-equity ratio of 86.12, a current ratio of 1.69 and a quick ratio of 1.67.
Polaris Infrastructure Company Profile (TSE:PIF)
Polaris Infrastructure Inc, a renewable energy company, acquires, explores, develops, and operates renewable energy projects in Latin America. The company, through its subsidiaries, owns and operates the San Jacinto project, a 72 megawatt (MW) net capacity geothermal facility located in northwest Nicaragua.
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