Hammond Power Solutions Inc. (TSE:HPS.A - Get Free Report) shares crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$106.65 and traded as low as C$91.00. Hammond Power Solutions shares last traded at C$92.47, with a volume of 29,529 shares changing hands.
Analyst Ratings Changes
HPS.A has been the topic of several research reports. Acumen Capital reduced their target price on Hammond Power Solutions from C$160.00 to C$148.00 and set a "buy" rating on the stock in a report on Monday, March 24th. National Bankshares reduced their price objective on Hammond Power Solutions from C$170.00 to C$140.00 and set an "outperform" rating on the stock in a research note on Monday, March 24th. Finally, Canaccord Genuity Group lowered their target price on Hammond Power Solutions from C$162.00 to C$158.00 and set a "buy" rating for the company in a research report on Monday, March 24th.
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Hammond Power Solutions Trading Up 0.6 %
The company has a 50-day moving average of C$83.15 and a 200 day moving average of C$106.05. The company has a debt-to-equity ratio of 10.76, a current ratio of 2.03 and a quick ratio of 1.06. The company has a market cap of C$866.53 million, a PE ratio of 17.13 and a beta of 0.84.
Insider Activity
In other Hammond Power Solutions news, Director Frederick Maurice Jaques sold 500 shares of the firm's stock in a transaction dated Monday, March 24th. The shares were sold at an average price of C$89.29, for a total value of C$44,645.00. Corporate insiders own 6.02% of the company's stock.
Hammond Power Solutions Company Profile
(
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Hammond Power Solutions Inc is engaged in designing and manufacturing of custom electrical magnetics, cast resin, custom liquid filled distribution and power transformers and standard electrical transformers, serving the electrical and electronic industries. The company has manufacturing plants in Canada, the United States, Mexico and India.
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