Hammond Power Solutions (TSE:HPS.A) Shares Pass Below 200-Day Moving Average – What’s Next?

Hammond Power Solutions Inc. (TSE:HPS.A) shares crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$122.93 and traded as low as C$82.22. Hammond Power Solutions shares last traded at C$85.51, with a volume of 60,593 shares changing hands.

Hammond Power Solutions Price Performance

The stock’s fifty day moving average is C$108.92 and its 200-day moving average is C$122.67. 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 stock has a market cap of C$780.71 million, a PE ratio of 15.44 and a beta of 0.84.

Hammond Power Solutions Company Profile

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.