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Maxim Power (TSE:MXG) Stock Price Passes Above 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 above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$4.41 and traded as high as C$4.74. Maxim Power shares last traded at C$4.68, with a volume of 2,260 shares trading hands.

Maxim Power Stock Performance

The firm has a market capitalization of C$294.72 million, a price-to-earnings ratio of 5.61, a P/E/G ratio of -4.32 and a beta of 0.86. The company has a 50-day moving average price of C$4.41 and a 200-day moving average price of C$4.81. The company has a quick ratio of 4.35, a current ratio of 5.00 and a debt-to-equity ratio of 25.03.

About Maxim Power

(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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