Hammond Power Solutions (OTCMKTS:HMDPF) Trading Up 4.1% – Here’s Why

Hammond Power Solutions Inc. (OTCMKTS:HMDPFGet Free Report) was up 4.1% on Tuesday . The company traded as high as C$138.50 and last traded at C$138.50. Approximately 1,888 shares changed hands during mid-day trading, a decline of 54% from the average daily volume of 4,064 shares. The stock had previously closed at C$133.06.

Hammond Power Solutions Stock Up 4.1%

The company’s 50 day moving average price is C$134.63 and its 200 day moving average price is C$118.79.

Hammond Power Solutions Company Profile

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Hammond Power Solutions Inc, headquartered in Guelph, Ontario, Canada, is a designer and manufacturer of dry-type transformers and related electrical distribution equipment. Since its founding in 1979, the company has built a reputation for delivering both standard and custom power distribution solutions tailored to a wide range of industrial, commercial and utility applications.

The company’s product portfolio includes single-phase and three-phase dry-type transformers, cast-resin transformers, voltage regulators, magnetic chokes, distribution transformers and specialty magnetic components such as cast copper products and amorphous core units.

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