Hammond Power Solutions (TSE:HPS.A) Reaches New 52-Week Low – Here’s What Happened

Shares of Hammond Power Solutions Inc. (TSE:HPS.AGet Free Report) hit a new 52-week low on Monday . The company traded as low as C$80.85 and last traded at C$80.85, with a volume of 24934 shares trading hands. The stock had previously closed at C$85.51.

Hammond Power Solutions Trading Down 6.1 %

The company has a market cap of C$732.87 million, a price-to-earnings ratio of 14.49 and a beta of 0.84. The company has a quick ratio of 1.06, a current ratio of 2.03 and a debt-to-equity ratio of 10.76. The business’s fifty day simple moving average is C$108.92 and its two-hundred day simple moving average is C$122.77.

Hammond Power Solutions Company Profile

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Hammond Power Solutions Inc is engaged in designing and manufacturing of custom electrical magnetics, cast resin, custom liquid filled distribution and power transformers and standard electrical transformers, serving the electrical and electronic industries. The company has manufacturing plants in Canada, the United States, Mexico and India.

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