Maxim Power (TSE:MXG) Sets New 12-Month High – Here’s Why

Maxim Power Corp. (TSE:MXGGet Free Report)’s share price hit a new 52-week high during trading on Thursday . The company traded as high as C$5.38 and last traded at C$5.28, with a volume of 15075 shares changing hands. The stock had previously closed at C$5.08.

Maxim Power Stock Performance

The company has a market cap of C$271.22 million, a PE ratio of 11.65, a PEG ratio of -4.32 and a beta of 0.86. The company has a quick ratio of 4.35, a current ratio of 4.44 and a debt-to-equity ratio of 26.05. The company has a 50-day moving average of C$4.10 and a 200-day moving average of C$4.07.

Maxim Power (TSE:MXGGet Free Report) last posted its quarterly earnings data on Thursday, November 7th. The company reported C$0.18 earnings per share for the quarter. Maxim Power had a return on equity of 8.83% and a net margin of 28.02%. The business had revenue of C$25.66 million for the quarter. As a group, analysts anticipate that Maxim Power Corp. will post 0.0712303 earnings per share for the current year.

Maxim Power Company Profile

(Get Free Report)

Maxim Power Corp., an independent power producer, acquires or develops, owns, and operates power and power related projects in Alberta, Canada. It operates Milner power plant, a 300 MW combined cycle gas-fired power plant located in Grande Cache, Alberta. The company was founded in 2010 and is headquartered in Calgary, Canada.

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