Hammond Power Solutions (TSE:HPS.A) Reaches New 1-Year Low - Here's Why

Hammond Power Solutions logo with Computer and Technology background

Shares of Hammond Power Solutions Inc. (TSE:HPS.A - Get Free Report) reached a new 52-week low during trading on Monday . The stock traded as low as C$90.00 and last traded at C$99.91, with a volume of 21949 shares traded. The stock had previously closed at C$104.46.

Analyst Ratings Changes

Separately, National Bankshares lifted their price objective on Hammond Power Solutions from C$170.00 to C$175.00 and gave the stock an "outperform" rating in a research note on Tuesday, October 15th.

Read Our Latest Research Report on Hammond Power Solutions

Hammond Power Solutions Price Performance

The firm has a 50-day simple moving average of C$123.30 and a 200-day simple moving average of C$125.17. The firm has a market cap of C$909.53 million, a P/E ratio of 17.98 and a beta of 0.84. The company has a current ratio of 2.03, a quick ratio of 1.06 and a debt-to-equity ratio of 10.76.

About Hammond Power Solutions

(Get Free Report)

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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