Hammond Power Solutions (TSE:HPS.A) Stock Price Up 12.8%

Hammond Power Solutions Inc. (TSE:HPS.AGet Free Report) shares were up 12.8% on Thursday . The stock traded as high as C$148.12 and last traded at C$142.62. Approximately 113,597 shares traded hands during mid-day trading, an increase of 92% from the average daily volume of 59,180 shares. The stock had previously closed at C$126.49.

Hammond Power Solutions Stock Up 14.6 %

The company has a market capitalization of C$1.32 billion, a PE ratio of 26.37 and a beta of 0.71. The company’s 50 day moving average is C$107.93 and its two-hundred day moving average is C$82.67. The company has a quick ratio of 1.06, a current ratio of 1.97 and a debt-to-equity ratio of 14.88.

Hammond Power Solutions Company Profile

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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.

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