Innergex Renewable Energy Preferred Stock Today
| INE-PA Preferred Stock | CAD 15.65 0.14 0.90% |
Performance10 of 100
| Odds Of DistressLess than 35
|
Innergex Renewable is trading at 15.65 as of the 22nd of January 2025, a 0.90% up since the beginning of the trading day. The preferred stock's open price was 15.51. Innergex Renewable has about a 35 percent probability of financial distress in the next few years of operation but had a somewhat ok performance during the last 90 days. The performance scores are derived for the period starting the 24th of October 2024 and ending today, the 22nd of January 2025. Click here to learn more.
Innergex Renewable Energy Inc. operates as an independent renewable power producer. Innergex Renewable Energy Inc. was founded in 1990 and is headquartered in Longueuil, Canada. INNERGEX RENEWABLE operates under Utilities - Independent Power Producers classification in Canada and is traded on Toronto Stock Exchange. The company has 132.99 M outstanding shares of which 3.41 K shares are currently shorted by private and institutional investors with about 0.89 days to cover all short positions. More on Innergex Renewable Energy
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Innergex Preferred Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Innergex Renewable's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Innergex Renewable or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Energy, Utilities - Independent Power Producers, Utilities (View all Sectors) |
Innergex Renewable Energy (INE-PA) is traded on Toronto Exchange in Canada and employs 488 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.92 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Innergex Renewable's market, we take the total number of its shares issued and multiply it by Innergex Renewable's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Innergex Renewable Energy operates under Utilities sector and is part of Utilities - Independent Power Producers industry. The entity has 132.99 M outstanding shares of which 3.41 K shares are currently shorted by private and institutional investors with about 0.89 days to cover all short positions.
Innergex Renewable Energy has accumulated about 97.97 M in cash with 265.5 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.73.
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Ownership AllocationInnergex Renewable Energy has a total of 132.99 Million outstanding shares. Roughly 95.46 (percent) of Innergex Renewable outstanding shares are held by general public with 4.54 pct. by outside corporations. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Innergex Renewable Energy Risk Profiles
Although Innergex Renewable's alpha and beta are two of the key measurements used to evaluate Innergex Renewable's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.5331 | |||
| Semi Deviation | 0.4636 | |||
| Standard Deviation | 0.8111 | |||
| Variance | 0.6579 |
Innergex Stock Against Markets
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Innergex Renewable Corporate Management
Elected by the shareholders, the Innergex Renewable's board of directors comprises two types of representatives: Innergex Renewable inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Innergex. The board's role is to monitor Innergex Renewable's management team and ensure that shareholders' interests are well served. Innergex Renewable's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Innergex Renewable's outside directors are responsible for providing unbiased perspectives on the board's policies.
| MSc PEng | VP Projects | Profile | |
| Guillaume Jumel | VP France | Profile | |
| MBA MBA | Chief Officer | Profile | |
| MSc ING | Chief Officer | Profile | |
| MBA PGeo | VP America | Profile | |
| MSc MBA | VP Financing | Profile | |
| Eng LLB | Chief Sec | Profile |
Other Information on Investing in Innergex Preferred Stock
Innergex Renewable financial ratios help investors to determine whether Innergex Preferred Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Innergex with respect to the benefits of owning Innergex Renewable security.