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Maxim Power (TSE:MXG) Share Price Crosses Below 50 Day Moving Average - Here's Why

Maxim Power logo with Utilities background
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Maxim Power Corp. (TSE:MXG - Get Free Report) passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$5.80 and traded as low as C$5.20. Maxim Power shares last traded at C$5.23, with a volume of 5,200 shares changing hands.

Maxim Power Price Performance

The company has a quick ratio of 4.35, a current ratio of 5.00 and a debt-to-equity ratio of 25.03. The company has a market capitalization of C$315.31 million, a P/E ratio of 6.00, a PEG ratio of -4.32 and a beta of 0.86. The company's fifty day moving average price is C$5.81 and its 200 day moving average price is C$4.84.

Maxim Power Company Profile

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Maxim Power Corp., an independent power producer, acquires or develops, owns, and operates power and power related projects in Alberta, Canada. It operates Milner power plant, a 300 MW combined cycle gas-fired power plant located in Grande Cache, Alberta. The company was founded in 2010 and is headquartered in Calgary, Canada.

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