Hammond Power Solutions Inc. (OTCMKTS:HMDPF – Get Free Report) shares fell 7.6% on Monday . The company traded as low as C$169.07 and last traded at C$169.07. Approximately 8,570 shares were traded during mid-day trading, a decline of 8% from the average session volume of 9,355 shares. The stock had previously closed at C$183.00.
Analyst Upgrades and Downgrades
Separately, Raymond James Financial started coverage on shares of Hammond Power Solutions in a research report on Tuesday, June 30th. They set an “outperform” rating on the stock. Three investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, Hammond Power Solutions currently has a consensus rating of “Buy”.
Check Out Our Latest Stock Analysis on HMDPF
Hammond Power Solutions Price Performance
Hammond Power Solutions Company Profile
Hammond Power Solutions Inc, headquartered in Guelph, Ontario, Canada, is a designer and manufacturer of dry-type transformers and related electrical distribution equipment. Since its founding in 1979, the company has built a reputation for delivering both standard and custom power distribution solutions tailored to a wide range of industrial, commercial and utility applications.
The company’s product portfolio includes single-phase and three-phase dry-type transformers, cast-resin transformers, voltage regulators, magnetic chokes, distribution transformers and specialty magnetic components such as cast copper products and amorphous core units.
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