Hammond Power Solutions Inc. (TSE:HPS.A - Get Free Report) dropped 17.3% during trading on Saturday . The stock traded as low as C$115.35 and last traded at C$115.57. Approximately 406,890 shares were traded during trading, an increase of 708% from the average daily volume of 50,345 shares. The stock had previously closed at C$139.67.
Hammond Power Solutions Price Performance
The stock has a market capitalization of C$1.05 billion, a PE ratio of 20.79 and a beta of 0.84. The company has a quick ratio of 1.06, a current ratio of 2.03 and a debt-to-equity ratio of 10.76. The stock's 50 day moving average price is C$115.67 and its 200-day moving average price is C$99.87.
About Hammond Power Solutions
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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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