Shares of Polaris Infrastructure Inc (TSE:PIF) fell 0.3% on Wednesday . The company traded as low as C$14.88 and last traded at C$15.00, 37,037 shares changed hands during mid-day trading. A decline of 45% from the average session volume of 67,766 shares. The stock had previously closed at C$15.05.
Separately, Raymond James reaffirmed a “buy” rating and set a $10.00 price objective on shares of The Carlyle Group in a research note on Monday, June 3rd.
The company has a current ratio of 1.45, a quick ratio of 1.41 and a debt-to-equity ratio of 92.25. The company has a market capitalization of $239.30 million and a price-to-earnings ratio of 16.79. The company’s 50 day simple moving average is C$14.21.
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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