Hammond Power Solutions (TSE:HPS.A) Stock Price Crosses Below 200 Day Moving Average – Time to Sell?

Shares of Hammond Power Solutions Inc. (TSE:HPS.AGet Free Report) passed 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.

Hammond Power Solutions Stock Up 2.5 %

The company has a market cap of C$780.71 million, a PE ratio of 15.44 and a beta of 0.84. The company’s 50 day moving average is C$108.92 and its 200 day moving average is C$122.67. The company has a current ratio of 2.03, a quick ratio of 1.06 and a debt-to-equity ratio of 10.76.

Hammond Power Solutions Company Profile

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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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