Dahra Granovsky Acquires 1,500 Shares of Hammond Power Solutions Inc. (TSE:HPS.A) Stock

Hammond Power Solutions Inc. (TSE:HPS.A) Director Dahra Granovsky purchased 1,500 shares of the company’s stock in a transaction on Tuesday, November 5th. The stock was purchased at an average price of C$117.03 per share, with a total value of C$175,537.50.

Hammond Power Solutions Trading Up 3.7 %

Shares of Hammond Power Solutions stock opened at C$123.37 on Friday. Hammond Power Solutions Inc. has a twelve month low of C$64.74 and a twelve month high of C$160.51. 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 has a 50-day moving average price of C$132.95 and a 200-day moving average price of C$119.00. The firm has a market cap of C$1.13 billion, a price-to-earnings ratio of 22.27 and a beta of 0.84.

Analyst Ratings Changes

A number of equities research analysts have commented on HPS.A shares. Acumen Capital raised their price target on Hammond Power Solutions from C$156.00 to C$160.00 and gave the company a “buy” rating in a report on Tuesday, September 24th. National Bankshares boosted their price target on Hammond Power Solutions from C$170.00 to C$175.00 and gave the stock an “outperform” rating in a report on Tuesday, October 15th. Finally, Canaccord Genuity Group increased their price objective on shares of Hammond Power Solutions from C$167.00 to C$169.00 and gave the company a “buy” rating in a report on Monday, July 29th.

About Hammond Power Solutions

Hammond Power Solutions Inc, together with its subsidiaries, designs, manufactures, and sells dry-type, cast resin, and liquid filled transformers, as well as wound magnetic products for the electrical and related industries. The company provides control and automation products, including molded machine tool industrial control, industrial open core and coil control, general purpose enclosed, encapsulated control, and energy efficient drive isolation transformers, as well as reactors, DV/DT filters, and motor starting autotransformers.