Hammond Power Solutions Inc. (TSE:HPS.A - Get Free Report)'s share price passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$81.73 and traded as high as C$92.18. Hammond Power Solutions shares last traded at C$92.13, with a volume of 49,536 shares trading hands.
Analyst Ratings Changes
HPS.A has been the topic of several recent analyst reports. Canaccord Genuity Group decreased their price objective on shares of Hammond Power Solutions from C$162.00 to C$158.00 and set a "buy" rating on the stock in a report on Monday, March 24th. Acumen Capital dropped 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 research note on Monday, March 24th. Finally, National Bankshares reduced their price target on shares of 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 Research Report on HPS.A
Hammond Power Solutions Price Performance
The firm has a market cap of C$855.85 million, a price-to-earnings ratio of 16.92 and a beta of 0.84. 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 stock has a 50-day moving average price of C$82.23 and a 200 day moving average price of C$107.67.
Insider Activity
In other Hammond Power Solutions news, Director Frederick Maurice Jaques sold 500 shares of the company's stock in a transaction on Monday, March 24th. The shares were sold at an average price of C$89.29, for a total transaction of C$44,645.00. Corporate insiders own 6.02% of the company's stock.
About Hammond Power Solutions
(
Get Free Report)
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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