Shares of Hammond Power Solutions Inc. (TSE:HPS.A - Get Free Report) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$105.23 and traded as low as C$100.15. Hammond Power Solutions shares last traded at C$100.16, with a volume of 15,250 shares traded.
Analyst Upgrades and Downgrades
Several equities analysts have recently issued reports on HPS.A shares. Acumen Capital decreased 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 report on Monday, March 24th. Canaccord Genuity Group reduced their target price on shares of Hammond Power Solutions from C$162.00 to C$158.00 and set a "buy" rating for the company in a research note on Monday, March 24th. Finally, National Bankshares reduced their price target on Hammond Power Solutions from C$170.00 to C$140.00 and set an "outperform" rating for the company in a research report on Monday, March 24th.
Read Our Latest Stock Report on Hammond Power Solutions
Hammond Power Solutions Price Performance
The firm has a market capitalization of C$926.88 million, a P/E ratio of 18.32 and a beta of 0.84. The company has a fifty day moving average of C$85.19 and a 200 day moving average of C$104.54. The company has a debt-to-equity ratio of 10.76, a current ratio of 2.03 and a quick ratio of 1.06.
Insider Transactions at Hammond Power Solutions
In other Hammond Power Solutions news, Director Frederick Maurice Jaques sold 500 shares of the business's stock in a transaction on Monday, March 24th. The stock was sold at an average price of C$89.29, for a total value of C$44,645.00. 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.
Featured Articles
Before you consider Hammond Power Solutions, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Hammond Power Solutions wasn't on the list.
While Hammond Power Solutions currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know? MarketBeat just compiled its list of the twelve stocks that corporate insiders are abandoning. Complete the form below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
