Hammond Power Solutions (TSE:HPS.A) Sets New 52-Week High at $160.00

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$160.00 and last traded at C$159.04, with a volume of 9516 shares trading hands. The stock had previously closed at C$156.00.

Analysts Set New Price Targets

HPS.A has been the topic of several research reports. National Bankshares set a C$164.00 price target on shares of Hammond Power Solutions and gave the stock a "sector perform" rating in a research note on Wednesday, April 10th. Canaccord Genuity Group boosted their price objective on shares of Hammond Power Solutions from C$85.00 to C$167.00 in a research report on Monday, April 1st.

View Our Latest Analysis on HPS.A

Hammond Power Solutions Price Performance

The firm has a market cap of C$1.42 billion, a PE ratio of 30.83 and a beta of 0.71. The company has a quick ratio of 1.06, a current ratio of 1.97 and a debt-to-equity ratio of 14.88. The stock has a 50 day moving average price of C$121.74 and a two-hundred day moving average price of C$91.35.

Hammond Power Solutions Company Profile

(Get Free Report)

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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