Hammond Power Solutions (TSE:HPS.A) Trading 12.8% Higher

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

Hammond Power Solutions Price Performance

The company has a market capitalization of C$1.32 billion, a price-to-earnings ratio of 26.37 and a beta of 0.71. The stock’s 50-day simple moving average is C$107.93 and its two-hundred day simple 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.

About Hammond Power Solutions

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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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