Hammond Power Solutions (TSE:HPS.A) Given New C$140.00 Price Target at National Bankshares

Hammond Power Solutions (TSE:HPS.A - Free Report) had its target price reduced by National Bankshares from C$170.00 to C$140.00 in a report published on Monday morning,BayStreet.CA reports. They currently have an outperform rating on the stock.

Separately, Acumen Capital lowered their price target on shares of Hammond Power Solutions from C$160.00 to C$148.00 and set a "buy" rating on the stock in a research note on Monday.

Hammond Power Solutions Price Performance

TSE:HPS.A traded down C$1.51 during trading hours on Monday, hitting C$79.90. The company's stock had a trading volume of 76,667 shares, compared to its average volume of 55,233. Hammond Power Solutions has a 52-week low of C$73.98 and a 52-week 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's 50-day moving average is C$93.55 and its two-hundred day moving average is C$118.28. The company has a market capitalization of C$729.49 million, a PE ratio of 14.42 and a beta of 0.84.

Hammond Power Solutions Company Profile

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.