Maxim Power (TSE:MXG) Sets New 1-Year High – Here’s Why

Maxim Power Corp. (TSE:MXG)’s share price hit a new 52-week high on Friday . The company traded as high as C$6.53 and last traded at C$6.38, with a volume of 28504 shares. The stock had previously closed at C$6.10.

Maxim Power Trading Up 4.1 %

The company’s fifty day moving average is C$5.49 and its 200-day moving average is C$4.53. The company has a current ratio of 4.44, a quick ratio of 4.35 and a debt-to-equity ratio of 26.05. The firm has a market capitalization of C$321.31 million, a P/E ratio of 13.80, a P/E/G ratio of -4.32 and a beta of 0.86.

Maxim Power (TSE:MXG) last released its earnings results on Thursday, November 7th. The company reported C$0.18 earnings per share for the quarter. The firm had revenue of C$25.66 million during the quarter. Maxim Power had a net margin of 28.02% and a return on equity of 8.83%. As a group, sell-side analysts anticipate that Maxim Power Corp. will post 0.0712303 earnings per share 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.