Hammond Power Solutions (TSE:HPS.A) Trading 12.8% Higher

Hammond Power Solutions Inc. (TSE:HPS.A) was up 12.8% during trading on Thursday . The company traded as high as C$148.12 and last traded at C$142.62. Approximately 113,597 shares were traded during trading, an increase of 92% from the average daily volume of 59,180 shares. The stock had previously closed at C$126.49.

Hammond Power Solutions Stock Up 14.6 %

The stock has a market capitalization of C$1.32 billion, a P/E ratio of 26.37 and a beta of 0.71. The business has a 50-day moving average price of C$107.93 and a 200 day moving average price of C$82.67. The company has a current ratio of 1.97, a quick ratio of 1.06 and a debt-to-equity ratio of 14.88.

About Hammond Power Solutions

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.