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

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

Hammond Power Solutions Stock Performance

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

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.