Maxim Power (TSE:MXG) Shares Pass Above 50-Day Moving Average of $4.48

Shares of Maxim Power Corp. (TSE:MXG) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$4.48 and traded as high as C$4.50. Maxim Power shares last traded at C$4.47, with a volume of 2,300 shares traded.

Maxim Power Stock Up 0.2 %

The stock has a fifty day moving average price of C$4.48 and a two-hundred day moving average price of C$4.43. The company has a market cap of C$226.54 million, a price-to-earnings ratio of 9.12, a P/E/G ratio of -4.32 and a beta of 0.88. The company has a quick ratio of 4.35, a current ratio of 3.48 and a debt-to-equity ratio of 27.31.

Maxim Power (TSE:MXG) last issued its quarterly earnings data on Thursday, March 14th. The company reported C$0.32 earnings per share for the quarter. The business had revenue of C$38.99 million during the quarter. Maxim Power had a net margin of 68.25% and a return on equity of 9.99%. As a group, sell-side analysts expect that Maxim Power Corp. will post 0.0852914 EPS for the current year.

About Maxim Power

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.