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

Maxim Power logo with Utilities background

Shares of Maxim Power Corp. (TSE:MXG - Get Free Report) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$4.32 and traded as high as C$4.74. Maxim Power shares last traded at C$4.57, with a volume of 7,177 shares changing hands.

Maxim Power Stock Performance

The business's fifty day moving average is C$4.34 and its two-hundred day moving average is C$4.84. 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 stock has a market capitalization of C$294.72 million, a PE ratio of 5.61, 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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