Hammond Power Solutions (OTCMKTS:HMDPF) Shares Down 4.1% – Time to Sell?

Hammond Power Solutions Inc. (OTCMKTS:HMDPFGet Free Report)’s stock price was down 4.1% during trading on Wednesday . The stock traded as low as C$119.49 and last traded at C$119.50. Approximately 952 shares changed hands during mid-day trading, a decline of 81% from the average daily volume of 5,078 shares. The stock had previously closed at C$124.60.

Wall Street Analysts Forecast Growth

Separately, National Bankshares reissued an “outperform” rating on shares of Hammond Power Solutions in a report on Monday, October 27th. One analyst has rated the stock with a Buy rating, According to MarketBeat, the stock currently has a consensus rating of “Buy”.

Get Our Latest Stock Analysis on Hammond Power Solutions

Hammond Power Solutions Trading Down 4.1%

The company’s fifty day simple moving average is C$120.70 and its two-hundred day simple moving average is C$99.02.

Hammond Power Solutions Company Profile

(Get Free Report)

Hammond Power Solutions Inc, together with its subsidiaries, engages in the design, manufacture, and sale of various transformers in Canada, the United States, Mexico, and India. It offers custom electrical magnetics, cast resin, custom liquid filled distribution and power transformers, and standard electrical transformers to the electrical and electronic industries.

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