Hammond Power Solutions (TSE:HPS.A) Reaches New 12-Month Low – Here’s Why

Shares of Hammond Power Solutions Inc. (TSE:HPS.AGet Free Report) hit a new 52-week low on Friday . The stock traded as low as C$88.23 and last traded at C$88.23, with a volume of 8115 shares traded. The stock had previously closed at C$90.16.

Hammond Power Solutions Stock Performance

The stock has a market capitalization of C$792.76 million, a price-to-earnings ratio of 15.67 and a beta of 0.84. The company has a current ratio of 2.03, a quick ratio of 1.06 and a debt-to-equity ratio of 10.76. The firm has a 50-day moving average of C$113.11 and a 200-day moving average of C$123.60.

About Hammond Power Solutions

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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.

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