Hammond Power Solutions Inc. (TSE:HPS.A - Get Free Report) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$104.03 and traded as low as C$96.25. Hammond Power Solutions shares last traded at C$97.00, with a volume of 31,881 shares traded.
Wall Street Analyst Weigh In
HPS.A has been the subject of a number of research reports. Acumen Capital decreased their price objective on Hammond Power Solutions from C$160.00 to C$148.00 and set a "buy" rating for the company in a report on Monday, March 24th. Canaccord Genuity Group cut their price target on Hammond Power Solutions from C$162.00 to C$158.00 and set a "buy" rating for the company in a report on Monday, March 24th. Finally, National Bankshares cut their price target on Hammond Power Solutions from C$170.00 to C$140.00 and set an "outperform" rating for the company in a report on Monday, March 24th.
Check Out Our Latest Research Report on Hammond Power Solutions
Hammond Power Solutions Stock Up 0.1%
The company has a market capitalization of C$920.94 million, a PE ratio of 18.21 and a beta of 0.84. The business has a fifty day moving average of C$88.03 and a 200 day moving average of C$103.47. The company has a current ratio of 2.03, a quick ratio of 1.06 and a debt-to-equity ratio of 10.76.
Insider Activity at Hammond Power Solutions
In other news, Director Frederick Maurice Jaques sold 500 shares of the firm's stock in a transaction dated Monday, March 24th. The stock was sold at an average price of C$89.29, for a total value of C$44,645.00. Company insiders own 6.02% of the company's stock.
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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