Hammond Power Solutions (TSE:HPS.A) Hits New 52-Week Low – Time to Sell?

Hammond Power Solutions Inc. (TSE:HPS.AGet Free Report) shares reached a new 52-week low during mid-day trading on Friday . The stock traded as low as C$88.23 and last traded at C$88.23, with a volume of 8115 shares traded. The stock had previously closed at C$90.16.

Hammond Power Solutions Price Performance

The firm has a fifty day moving average of C$113.92 and a 200 day moving average of C$123.86. The company has a market capitalization of C$790.38 million, a P/E ratio of 15.63 and a beta of 0.84. 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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