Hammond Power Solutions Inc. (TSE:HPS.A - Get Free Report)'s stock price crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$129.56 and traded as high as C$137.87. Hammond Power Solutions shares last traded at C$136.72, with a volume of 25,971 shares traded.
Wall Street Analyst Weigh In
Several analysts have issued reports on HPS.A shares. Acumen Capital upped their price target on shares of Hammond Power Solutions from C$156.00 to C$160.00 and gave the company a "buy" rating in a report on Tuesday, September 24th. National Bankshares upped their price target on shares of Hammond Power Solutions from C$170.00 to C$175.00 and gave the company an "outperform" rating in a report on Tuesday, October 15th. Finally, Canaccord Genuity Group upped their price target on shares of Hammond Power Solutions from C$167.00 to C$169.00 and gave the company a "buy" rating in a report on Monday, July 29th.
Check Out Our Latest Report on Hammond Power Solutions
Hammond Power Solutions Stock Down 0.3 %
The company has a debt-to-equity ratio of 10.76, a current ratio of 2.03 and a quick ratio of 1.06. The firm's 50-day moving average is C$130.05 and its 200 day moving average is C$120.49. The stock has a market cap of C$1.24 billion, a price-to-earnings ratio of 24.60 and a beta of 0.84.
About Hammond Power Solutions
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Hammond Power Solutions Inc, together with its subsidiaries, designs, manufactures, and sells dry-type, cast resin, and liquid filled transformers, as well as wound magnetic products for the electrical and related industries. The company provides control and automation products, including molded machine tool industrial control, industrial open core and coil control, general purpose enclosed, encapsulated control, and energy efficient drive isolation transformers, as well as reactors, DV/DT filters, and motor starting autotransformers.
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