Maxim Power (TSE:MXG) Stock Crosses Below 200 Day Moving Average of $4.19

Maxim Power Corp. (TSE:MXG) crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$4.19 and traded as low as C$3.78. Maxim Power shares last traded at C$3.80, with a volume of 10,140 shares changing hands.

Maxim Power Stock Performance

The company’s 50-day moving average price is C$3.94 and its two-hundred day moving average price is C$4.19. The company has a market cap of C$192.39 million, a P/E ratio of 8.26, a price-to-earnings-growth ratio of -4.32 and a beta of 0.87. The company has a current ratio of 4.44, a quick ratio of 4.35 and a debt-to-equity ratio of 26.05.

Maxim Power (TSE:MXG) last released its earnings results on Tuesday, August 6th. The company reported C$0.02 EPS for the quarter. The business had revenue of C$17.01 million during the quarter. Maxim Power had a net margin of 28.02% and a return on equity of 8.83%. As a group, equities analysts forecast that Maxim Power Corp. will post 0.0699352 earnings per share for the current year.

Maxim Power Company Profile

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.