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1 Comment
Innergex Renewable Energy Inc is currently in a long term downtrend where the price is trading 3.9% below its 200 day moving average.
From a valuation standpoint, the stock is 55.6% cheaper than other stocks from the Utilities sector with a price to sales ratio of 6.3.
Innergex Renewable Energy Inc's total revenue rose by 17.3% to $168M since the same quarter in the previous year.
Its net income has increased by 125.8% to $12M since the same quarter in the previous year.
Finally, its free cash flow fell by 31.5% to $-95M since the same quarter in the previous year.
Based on the above factors, Innergex Renewable Energy Inc gets an overall score of 3/5.
Exchange | F |
---|---|
CurrencyCode | EUR |
ISIN | CA45790B1040 |
Sector | Utilities |
Industry | Utilities - Renewable |
Market Cap | 2B |
---|---|
PE Ratio | 288.33 |
Target Price | None |
Dividend Yield | 2.6% |
Beta | 0.33 |
Innergex Renewable Energy Inc. operates as an independent renewable power producer in Canada, the United States, France, and Chile. It operates through three segments: Hydroelectric, Wind, and Solar and Storage. The company acquires, owns, develops, and operates renewable power-generating and energy storage facilities primarily in hydroelectric, wind, and solar power sectors. As of February 21, 2024, it owned and operated 90 facilities with a net installed capacity of 3,708 megawatts, including 42 hydroelectric facilities, 36 wind facilities, 9 solar facilities, and 3 battery energy storage facilities. Innergex Renewable Energy Inc. was founded in 1990 and is headquartered in Longueuil, Canada.
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