Free Trial

Hammond Power Solutions (TSE:HPS.A) Trading Down 17.3% - Should You Sell?

Hammond Power Solutions logo with Computer and Technology background

Key Points

  • Hammond Power Solutions Inc. saw its stock price drop by 17.3%, closing at C$115.57 after trading as low as C$115.35.
  • The company experienced a significant increase in trading volume, with approximately 406,890 shares traded, marking 708% of its average daily volume.
  • Hammond Power Solutions specializes in designing and manufacturing custom electrical magnetics and transformers, operating plants in Canada, the U.S., Mexico, and India.
  • Want stock alerts on Hammond Power Solutions? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Hammond Power Solutions Inc. (TSE:HPS.A - Get Free Report) shares fell 17.3% during mid-day trading on Saturday . The stock traded as low as C$115.35 and last traded at C$115.57. 406,890 shares changed hands during trading, an increase of 708% from the average session volume of 50,345 shares. The stock had previously closed at C$139.67.

Hammond Power Solutions Stock Performance

The firm has a 50 day moving average of C$115.98 and a two-hundred day moving average of C$99.99. The stock has a market cap of C$1.10 billion, a P/E ratio of 21.65 and a beta of 0.84. The company has a debt-to-equity ratio of 10.76, a quick ratio of 1.06 and a current ratio of 2.03.

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.

Read More

Should You Invest $1,000 in Hammond Power Solutions Right Now?

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

The Best High-Yield Dividend Stocks for 2025 Cover

Discover the 10 Best High-Yield Dividend Stocks for 2025 and secure reliable income in uncertain markets. Download the report now to identify top dividend payers and avoid common yield traps.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Next Tech Boom: AI Robots Are Coming Sooner Than You Think!
Tech Stocks Stumble: Will Nvidia’s Report Spark a Rebound?
Follow the Money: 5 Stocks Institutions Are Buying NOW

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines