John Henry Bailey Sells 325 Shares of Hammond Power Solutions Inc. (TSE:HPS.A) Stock

Key Points

• Hammond Power Solutions Inc. (TSE:HPS.A) Senior Officer John Henry Bailey sold 325 shares at an average price of C$116.85, totaling C$37,976.25, resulting in a 91.29% decrease in his ownership.
• The company's stock was trading at C$124.21 with a market capitalization of C$1.13 billion, and it has a one-year price range of C$69.29 to C$152.99.
• Hammond Power Solutions specializes in manufacturing custom electrical magnetics and transformers, with production facilities located in Canada, the United States, Mexico, and India.

Hammond Power Solutions Inc. (TSE:HPS.A - Get Free Report) Senior Officer John Henry Bailey sold 325 shares of the firm's stock in a transaction that occurred on Tuesday, July 29th. The stock was sold at an average price of C$116.85, for a total transaction of C$37,976.25. Following the sale, the insider directly owned 31 shares of the company's stock, valued at approximately C$3,622.35. The trade was a 91.29% decrease in their position.

Hammond Power Solutions Price Performance

Shares of TSE:HPS.A traded up C$3.18 during midday trading on Thursday, hitting C$130.00. The stock had a trading volume of 27,329 shares, compared to its average volume of 50,775. The company's 50-day moving average price is C$119.03 and its 200-day moving average price is C$100.47. The company has a market capitalization of C$1.19 billion, a P/E ratio of 23.47 and a beta of 0.84. Hammond Power Solutions Inc. has a fifty-two week low of C$69.29 and a fifty-two week high of C$152.99. 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

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.