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Maxim Power (TSE:MXG) Share Price Passes Below 50 Day Moving Average - Should You Sell?

Maxim Power logo with Utilities background

Maxim Power Corp. (TSE:MXG - Get Free Report)'s stock price passed below its fifty day moving average during trading on Monday . The stock has a fifty 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 trading hands.

Maxim Power Price Performance

The company has a debt-to-equity ratio of 25.03, a current ratio of 5.00 and a quick ratio of 4.35. The stock's fifty day simple moving average is C$4.25 and its 200-day simple moving average is C$4.96. The company has a market capitalization of C$251.61 million, a P/E ratio of 4.79, a PEG 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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