Hammond Power Solutions (TSE:HPS.A) Shares Pass Below 50-Day Moving Average of $125.98

Shares of Hammond Power Solutions Inc. (TSE:HPS.AGet Free Report) crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$125.98 and traded as low as C$107.39. Hammond Power Solutions shares last traded at C$110.12, with a volume of 39,133 shares traded.

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. Canaccord Genuity Group lifted their target price on shares of Hammond Power Solutions from C$85.00 to C$167.00 in a report on Monday, April 1st. National Bankshares upgraded shares of Hammond Power Solutions from a “sector perform” rating to an “outperform” rating in a research report on Tuesday, April 30th.

Read Our Latest Stock Report on HPS.A

Hammond Power Solutions Price Performance

The company has a fifty day moving average price of C$125.98 and a two-hundred day moving average price of C$107.63. The company has a current ratio of 1.84, a quick ratio of 1.06 and a debt-to-equity ratio of 17.29. The company has a market cap of C$1.01 billion, a price-to-earnings ratio of 23.53 and a beta of 0.82.

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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