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

Maxim Power Corp. (TSE:MXGGet Free Report) reached a new 52-week high during trading on Friday . The stock traded as high as C$6.53 and last traded at C$6.38, with a volume of 28504 shares traded. The stock had previously closed at C$6.10.

Maxim Power Stock Up 4.9 %

The company has a quick ratio of 4.35, a current ratio of 4.44 and a debt-to-equity ratio of 26.05. The company has a market cap of C$323.84 million, a price-to-earnings ratio of 13.91, a price-to-earnings-growth ratio of -4.32 and a beta of 0.86. The firm’s 50 day simple moving average is C$5.47 and its 200 day simple moving average is C$4.52.

Maxim Power (TSE:MXGGet Free Report) last issued its quarterly earnings data on Thursday, November 7th. The company reported C$0.18 earnings per share for the quarter. The business had revenue of C$25.66 million for the quarter. Maxim Power had a net margin of 28.02% and a return on equity of 8.83%. Sell-side analysts anticipate that Maxim Power Corp. will post 0.0712303 EPS for the current fiscal year.

Maxim Power Company Profile

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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.

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