Hammond Power Solutions (OTCMKTS:HMDPF) Trading Down 3.4% – Should You Sell?

Hammond Power Solutions Inc. (OTCMKTS:HMDPFGet Free Report) traded down 3.4% during mid-day trading on Thursday . The stock traded as low as C$116.31 and last traded at C$116.31. 4,967 shares traded hands during trading, an increase of 31% from the average session volume of 3,793 shares. The stock had previously closed at C$120.36.

Analyst Upgrades and Downgrades

Separately, National Bankshares reaffirmed an “outperform” rating on shares of Hammond Power Solutions in a research report on Monday, October 27th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy”.

Get Our Latest Stock Analysis on Hammond Power Solutions

Hammond Power Solutions Price Performance

The company’s fifty day moving average is C$123.68 and its 200 day moving average is C$103.36.

About Hammond Power Solutions

(Get Free Report)

Hammond Power Solutions Inc, headquartered in Guelph, Ontario, Canada, is a designer and manufacturer of dry-type transformers and related electrical distribution equipment. Since its founding in 1979, the company has built a reputation for delivering both standard and custom power distribution solutions tailored to a wide range of industrial, commercial and utility applications.

The company’s product portfolio includes single-phase and three-phase dry-type transformers, cast-resin transformers, voltage regulators, magnetic chokes, distribution transformers and specialty magnetic components such as cast copper products and amorphous core units.

Further Reading

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