Hammond Power Solutions (TSE:HPS.A) Shares Pass Above Fifty Day Moving Average of $54.02

Hammond Power Solutions Inc. (TSE:HPS.AGet Free Report) crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$54.02 and traded as high as C$55.68. Hammond Power Solutions shares last traded at C$54.33, with a volume of 22,554 shares.

Hammond Power Solutions Price Performance

The company has a current ratio of 2.02, a quick ratio of 1.06 and a debt-to-equity ratio of 14.22. The firm has a market capitalization of C$496.03 million, a PE ratio of 11.00 and a beta of 0.79. The company has a fifty day moving average price of C$54.02 and a two-hundred day moving average price of C$43.49.

Hammond Power Solutions Company Profile

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Hammond Power Solutions Inc, together with its subsidiaries, designs, manufactures, and sells dry-type, cast resin, and liquid filled transformers, as well as wound magnetic products for the electrical and related industries. The company provides control and automation products, including molded machine tool industrial control, industrial open core and coil control, general purpose enclosed, encapsulated control, and energy efficient drive isolation transformers, as well as reactors, DV/DT filters, and motor starting autotransformers.

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