Hammond Power Solutions Inc. (TSE:HPS.A - Get Free Report) Director Frederick Maurice Jaques sold 500 shares of the company's stock in a transaction that occurred on Monday, March 24th. The shares were sold at an average price of C$89.29, for a total value of C$44,645.00.
Hammond Power Solutions Stock Performance
HPS.A traded up C$0.03 during midday trading on Wednesday, reaching C$79.53. The company had a trading volume of 12,739 shares, compared to its average volume of 55,003. Hammond Power Solutions Inc. has a 12-month low of C$73.98 and a 12-month high of C$160.51. The company has a debt-to-equity ratio of 10.76, a quick ratio of 1.06 and a current ratio of 2.03. The business has a 50-day moving average price of C$91.11 and a two-hundred day moving average price of C$117.48. The stock has a market cap of C$726.11 million, a PE ratio of 14.36 and a beta of 0.84.
Analysts Set New Price Targets
A number of analysts have recently issued reports on the stock. National Bankshares reduced their price target on shares of Hammond Power Solutions from C$170.00 to C$140.00 and set an "outperform" rating for the company in a research report on Monday, March 24th. Canaccord Genuity Group dropped their target price on shares of Hammond Power Solutions from C$162.00 to C$158.00 and set a "buy" rating for the company in a research report on Monday, March 24th. Finally, Acumen Capital decreased their target price on Hammond Power Solutions from C$160.00 to C$148.00 and set a "buy" rating for the company in a research report on Monday, March 24th.
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Hammond Power Solutions Company Profile
(
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Hammond Power Solutions Inc is engaged in designing and manufacturing of custom electrical magnetics, cast resin, custom liquid filled distribution and power transformers and standard electrical transformers, serving the electrical and electronic industries. The company has manufacturing plants in Canada, the United States, Mexico and India.
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