Insider Selling: Hammond Power Solutions Inc. (TSE:HPS.A) Senior Officer Sells 325 Shares of 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 - ) Senior Officer John Henry Bailey sold 325 shares of the firm's stock in a transaction on Tuesday, July 29th. The stock was sold at an average price of C$116.85, for a total value 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. This represents a 91.29% decrease in their ownership of the stock.

Hammond Power Solutions Price Performance

Shares of HPS.A traded up C$0.27 during trading hours on Friday, hitting C$124.21. 38,697 shares of the company were exchanged, compared to its average volume of 51,111. The company has a market capitalization of C$1.13 billion, a PE ratio of 22.42 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 firm has a fifty day simple moving average of C$117.47 and a 200-day simple moving average of C$100.05. Hammond Power Solutions Inc. has a one year low of C$69.29 and a one year high of C$152.99.

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.

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