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Maxim Power (TSE:MXG) Share Price Crosses Above 50-Day Moving Average - Here's Why

Maxim Power logo with Utilities background

Maxim Power Corp. (TSE:MXG - Get Free Report)'s stock price crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$4.23 and traded as high as C$4.46. Maxim Power shares last traded at C$4.45, with a volume of 1,600 shares traded.

Maxim Power Stock Performance

The company has a quick ratio of 4.35, a current ratio of 5.00 and a debt-to-equity ratio of 25.03. The firm has a 50-day simple moving average of C$4.26 and a 200 day simple moving average of C$4.86. The company has a market cap of C$286.36 million, a price-to-earnings ratio of 5.45, a price-to-earnings-growth ratio of -4.32 and a beta of 0.86.

Maxim Power Company Profile

(Get Free Report)

Maxim Power Corp., an independent power producer, acquires or develops, owns, and operates power and power related projects in Alberta, Canada. It operates Milner power plant, a 300 MW combined cycle gas-fired power plant located in Grande Cache, Alberta. The company was founded in 2010 and is headquartered in Calgary, Canada.

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