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Maxim Power (TSE:MXG) Shares Pass Above 50 Day Moving Average - What's Next?

Maxim Power logo with Utilities background

Shares of Maxim Power Corp. (TSE:MXG - Get Free Report) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$3.87 and traded as high as C$3.88. Maxim Power shares last traded at C$3.84, with a volume of 3,400 shares.

Maxim Power Stock Up 6.5 %

The firm has a market capitalization of C$206.95 million, a PE ratio of 8.89, a price-to-earnings-growth ratio of -4.32 and a beta of 0.86. The company has a current ratio of 4.44, a quick ratio of 4.35 and a debt-to-equity ratio of 26.05. The firm has a 50-day moving average of C$3.87 and a two-hundred day moving average of C$4.08.

Maxim Power (TSE:MXG - Get Free Report) last announced its quarterly earnings results on Tuesday, August 6th. The company reported C$0.02 EPS for the quarter. The company had revenue of C$17.01 million during the quarter. Maxim Power had a return on equity of 8.83% and a net margin of 28.02%. On average, equities research analysts forecast that Maxim Power Corp. will post 0.0712303 EPS for the current year.

Maxim Power Company Profile

(Get Free Report)

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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