Maxim Power (TSE:MXG) Stock Price Passes Above 50 Day Moving Average – Here’s What Happened

Maxim Power Corp. (TSE:MXGGet Free Report)’s share price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$4.56 and traded as high as C$4.61. Maxim Power shares last traded at C$4.53, with a volume of 8,367 shares.

Maxim Power Trading Down 1.9%

The firm has a market capitalization of C$288.34 million, a PE ratio of 19.70, a price-to-earnings-growth ratio of -4.32 and a beta of 1.24. The company has a quick ratio of 4.35, a current ratio of 5.00 and a debt-to-equity ratio of 25.03. The company’s 50-day simple moving average is C$4.56 and its 200 day simple moving average is C$4.46.

Maxim Power Company Profile

(Get Free Report)

Based in Calgary, Alberta, Maxim Power Corp. (‘MAXIM’) is one of Canada’s largest truly independent power producers. MAXIM is now focused entirely on power projects in Alberta. Its core asset – the 300 MW H.R. Milner Plant, M2, in Grande Cache, AB – is a state-of-the-art combined cycle gas-fired power plant that commissioned in Q4, 2023.

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