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

Hammond Power Solutions Inc. (TSE:HPS.AGet Free Report) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$119.86 and traded as low as C$80.33. Hammond Power Solutions shares last traded at C$81.96, with a volume of 33,845 shares.

Hammond Power Solutions Trading Up 1.1 %

The company has a quick ratio of 1.06, a current ratio of 2.03 and a debt-to-equity ratio of 10.76. The business’s fifty day moving average is C$97.15 and its two-hundred day moving average is C$119.57. The firm has a market cap of C$759.43 million, a price-to-earnings ratio of 15.01 and a beta of 0.84.

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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