Shares of Hammond Power Solutions Inc. (TSE:HPS.A - Get Free Report) passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$109.32 and traded as high as C$120.30. Hammond Power Solutions shares last traded at C$119.46, with a volume of 37,035 shares trading hands.
Analyst Upgrades and Downgrades
Several brokerages have issued reports on HPS.A. Canaccord Genuity Group cut their price objective on Hammond Power Solutions from C$162.00 to C$158.00 and set a "buy" rating on the stock in a research note on Monday, March 24th. Acumen Capital lowered their price target on shares of Hammond Power Solutions from C$160.00 to C$148.00 and set a "buy" rating for the company in a research report on Monday, March 24th. Finally, National Bankshares lowered their target price on Hammond Power Solutions from C$170.00 to C$140.00 and set an "outperform" rating on the stock in a research report on Monday, March 24th.
Read Our Latest Analysis on Hammond Power Solutions
Hammond Power Solutions Price Performance
The company has a market capitalization of C$1.09 billion, a P/E ratio of 21.59 and a beta of 0.84. The company's 50-day simple moving average is C$111.02 and its 200 day simple moving average is C$99.92. The company has a quick ratio of 1.06, a current ratio of 2.03 and a debt-to-equity ratio of 10.76.
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.
Further Reading
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