Maxim Power (TSE:MXG) Stock Passes Above 50-Day Moving Average of $4.48

Maxim Power Corp. (TSE:MXG) shares crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$4.48 and traded as high as C$4.50. Maxim Power shares last traded at C$4.47, with a volume of 2,300 shares changing hands.

Maxim Power Stock Up 0.2 %

The stock has a fifty day moving average of C$4.48 and a 200 day moving average of C$4.43. The company has a debt-to-equity ratio of 27.31, a current ratio of 3.48 and a quick ratio of 4.35. The firm has a market capitalization of C$226.54 million, a P/E ratio of 9.12, a price-to-earnings-growth ratio of -4.32 and a beta of 0.88.

Maxim Power (TSE:MXG) last released its earnings results on Thursday, March 14th. The company reported C$0.32 EPS for the quarter. The company had revenue of C$38.99 million for the quarter. Maxim Power had a return on equity of 9.99% and a net margin of 68.25%. On average, research analysts anticipate that Maxim Power Corp. will post 0.0852914 EPS for the current fiscal year.

About Maxim Power

Maxim Power Corp., an independent power producer, acquires or develops, owns, and operates power and power related projects in Alberta, Canada. It operates Milner power plant, a 300 MW combined cycle gas-fired power plant located in Grande Cache, Alberta. The company was founded in 2010 and is headquartered in Calgary, Canada.