Short Interest in Innergex Renewable Energy Inc. (OTCMKTS:INGXF) Increases By 5.6%

Innergex Renewable Energy Inc. (OTCMKTS:INGXFGet Free Report) was the recipient of a large growth in short interest in the month of May. As of May 31st, there was short interest totalling 1,616,200 shares, a growth of 5.6% from the May 15th total of 1,530,000 shares. Based on an average trading volume of 45,500 shares, the short-interest ratio is currently 35.5 days.

Innergex Renewable Energy Stock Down 0.4 %

Innergex Renewable Energy stock opened at $7.50 on Thursday. The stock has a 50 day moving average of $6.56 and a two-hundred day moving average of $6.44. Innergex Renewable Energy has a twelve month low of $5.26 and a twelve month high of $10.22. The stock has a market capitalization of $1.53 billion, a price-to-earnings ratio of -15.63 and a beta of 0.64. The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 5.74.

Innergex Renewable Energy (OTCMKTS:INGXFGet Free Report) last issued its quarterly earnings results on Wednesday, May 8th. The company reported ($0.08) earnings per share for the quarter. The company had revenue of $179.91 million for the quarter. Innergex Renewable Energy had a negative return on equity of 0.69% and a negative net margin of 12.81%.

Innergex Renewable Energy Company Profile

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Innergex Renewable Energy Inc operates as an independent renewable power producer in Canada, the United States, France, and Chile. It acquires, owns, develops, and operates renewable power-generating and energy storage facilities primarily in hydroelectric, wind, and solar power sectors. The company operates through three segments: Hydroelectric Power Generation, Wind Power Generation, and Solar Power Generation.

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