Maxim Power (TSE:MXG) Shares Pass Below Fifty Day Moving Average of $4.23

Maxim Power Corp. (TSE:MXG)’s share price passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$4.23 and traded as low as C$4.10. Maxim Power shares last traded at C$4.10, with a volume of 19,017 shares.

Maxim Power Stock Down 0.7 %

The firm has a fifty day moving average price of C$4.22 and a 200 day moving average price of C$4.38. The company has a quick ratio of 4.35, a current ratio of 3.48 and a debt-to-equity ratio of 27.31. The company has a market cap of C$204.24 million, a P/E ratio of 7.60, a PEG ratio of -4.32 and a beta of 0.88.

Maxim Power (TSE:MXG) last posted its quarterly earnings data on Tuesday, May 7th. The company reported C$0.18 earnings per share for the quarter. Maxim Power had a net margin of 68.25% and a return on equity of 9.99%. The firm had revenue of C$34.77 million during the quarter. Equities research analysts forecast that Maxim Power Corp. will post 0.080111 earnings per share for the current year.

Maxim Power Company Profile

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.