Hammond Power Solutions Inc. (TSE:HPS.A - Get Free Report)'s share price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as C$155.74 and last traded at C$153.60, with a volume of 14683 shares. The stock had previously closed at C$151.49.
Analyst Ratings Changes
Separately, Canaccord Genuity Group increased their target price on Hammond Power Solutions from C$85.00 to C$167.00 in a research report on Monday, April 1st.
Check Out Our Latest Research Report on HPS.A
Hammond Power Solutions Stock Up 2.9 %
The company's 50-day moving average is C$116.83 and its 200 day moving average is C$88.34. The stock has a market capitalization of C$1.42 billion, a PE ratio of 30.16 and a beta of 0.71. The company has a current ratio of 1.97, a quick ratio of 1.06 and a debt-to-equity ratio of 14.88.
About Hammond Power Solutions
(
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Hammond Power Solutions Inc, together with its subsidiaries, designs, manufactures, and sells dry-type, cast resin, and liquid filled transformers, as well as wound magnetic products for the electrical and related industries. The company provides control and automation products, including molded machine tool industrial control, industrial open core and coil control, general purpose enclosed, encapsulated control, and energy efficient drive isolation transformers, as well as reactors, DV/DT filters, and motor starting autotransformers.
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