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Maxim Power (TSE:MXG) Share Price Passes Below Fifty Day Moving Average - Here's What Happened

Maxim Power logo with Utilities background

Maxim Power Corp. (TSE:MXG - Get Free Report)'s stock price passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$4.30 and traded as low as C$3.68. Maxim Power shares last traded at C$3.94, with a volume of 23,220 shares changing hands.

Maxim Power Price Performance

The company has a debt-to-equity ratio of 25.03, a quick ratio of 4.35 and a current ratio of 5.00. The company's 50 day moving average price is C$4.23 and its 200 day moving average price is C$4.97. The company has a market cap of C$251.61 million, a price-to-earnings ratio of 4.79, a P/E/G 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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