Hammond Power Solutions (TSE:HPS.A) Upgraded at National Bankshares

National Bankshares upgraded shares of Hammond Power Solutions (TSE:HPS.A) from a sector perform rating to an outperform rating in a research note released on Tuesday morning, BayStreet.CA reports.

Separately, Canaccord Genuity Group upped their price target on Hammond Power Solutions from C$85.00 to C$167.00 in a report on Monday, April 1st.

Hammond Power Solutions Stock Performance

Shares of TSE HPS.A opened at C$105.96 on Tuesday. Hammond Power Solutions has a 12 month low of C$39.65 and a 12 month high of C$160.51. The company has a current ratio of 1.97, a quick ratio of 1.06 and a debt-to-equity ratio of 14.88. The stock has a market cap of C$967.41 million, a price-to-earnings ratio of 20.50 and a beta of 0.71. The company has a 50 day simple moving average of C$129.60 and a two-hundred day simple moving average of C$98.63.

Hammond Power Solutions Company Profile

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.