Maxim Power (TSE:MXG) Stock Price Passes Above Fifty Day Moving Average – Here’s What Happened

Maxim Power Corp. (TSE:MXG) shares crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$3.89 and traded as high as C$4.13. Maxim Power shares last traded at C$4.13, with a volume of 17,200 shares traded.

Maxim Power Trading Up 1.0 %

The firm has a market capitalization of C$208.98 million, a P/E ratio of 8.98, a price-to-earnings-growth ratio of -4.32 and a beta of 0.86. The company has a debt-to-equity ratio of 26.05, a quick ratio of 4.35 and a current ratio of 4.44. The firm has a 50 day moving average price of C$3.89 and a two-hundred day moving average price of C$4.06.

Maxim Power (TSE:MXG) last released its quarterly earnings data on Tuesday, August 6th. The company reported C$0.02 earnings per share for the quarter. The business had revenue of C$17.01 million during the quarter. Maxim Power had a return on equity of 8.83% and a net margin of 28.02%. On average, equities research analysts expect that Maxim Power Corp. will post 0.0712303 EPS for the current fiscal 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.