Hammond Power Solutions (TSE:HPS.A) Shares Cross Below 50 Day Moving Average - Here's What Happened

Hammond Power Solutions logo with Computer and Technology background

Hammond Power Solutions Inc. (TSE:HPS.A - Get Free Report) shares passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$121.71 and traded as low as C$91.25. Hammond Power Solutions shares last traded at C$95.41, with a volume of 81,697 shares trading hands.

Hammond Power Solutions Price Performance

The company has a current ratio of 2.03, a quick ratio of 1.06 and a debt-to-equity ratio of 10.76. The stock has a market cap of C$845.71 million, a PE ratio of 16.72 and a beta of 0.84. The business has a 50-day moving average price of C$117.11 and a 200 day moving average price of C$124.35.

Hammond Power Solutions Company Profile

(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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