Hammond Power Solutions Inc. (TSE:HPS.A – Get Free Report)’s stock price crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$126.14 and traded as high as C$132.66. Hammond Power Solutions shares last traded at C$123.22, with a volume of 190,337 shares changing hands.
Wall Street Analysts Forecast Growth
HPS.A has been the subject of a number of research analyst reports. National Bankshares set a C$164.00 target price on Hammond Power Solutions and gave the company a “sector perform” rating in a report on Wednesday, April 10th. Canaccord Genuity Group increased their target price on Hammond Power Solutions from C$85.00 to C$167.00 in a report on Monday, April 1st.
Check Out Our Latest Stock Analysis on Hammond Power Solutions
Hammond Power Solutions Price Performance
About Hammond Power Solutions
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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