Shares of Hammond Power Solutions Inc. (TSE:HPS.A – Get Free Report) dropped 17.3% during trading on Saturday . The company traded as low as C$115.35 and last traded at C$115.57. Approximately 406,890 shares changed hands during mid-day trading, an increase of 708% from the average daily volume of 50,345 shares. The stock had previously closed at C$139.67.
Hammond Power Solutions Price Performance
The company has a debt-to-equity ratio of 10.76, a quick ratio of 1.06 and a current ratio of 2.03. The stock has a market cap of C$1.06 billion, a PE ratio of 20.86 and a beta of 0.84. The stock’s 50-day moving average is C$115.33 and its two-hundred day moving average is C$100.11.
About Hammond Power Solutions
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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