Hammond Power Solutions (TSE:HPS.A) Shares Pass Below 50 Day Moving Average – Here’s Why

Posted by ABMN Staff on Jan 9th, 2026

Shares of Hammond Power Solutions Inc. (TSE:HPS.A – Get Free Report) passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$171.22 and traded as low as C$160.36. Hammond Power Solutions shares last traded at C$161.28, with a volume of 58,841 shares changing hands.

Wall Street Analysts Forecast Growth

HPS.A has been the topic of several analyst reports. Canaccord Genuity Group increased their price target on shares of Hammond Power Solutions from C$154.00 to C$211.00 and gave the stock a “buy” rating in a research report on Monday, October 27th. National Bankshares raised their target price on Hammond Power Solutions from C$150.00 to C$195.00 and gave the company an “outperform” rating in a report on Monday, October 27th. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat, Hammond Power Solutions currently has a consensus rating of “Buy” and an average price target of C$184.67.

View Our Latest Research Report on HPS.A

Hammond Power Solutions Stock Down 2.9%

The firm’s fifty day moving average is C$171.22 and its 200-day moving average is C$143.36. The company has a market capitalization of C$1.92 billion, a P/E ratio of 23.79 and a beta of 0.64. The company has a debt-to-equity ratio of 10.76, a quick ratio of 1.06 and a current ratio of 2.03.

Hammond Power Solutions (TSE:HPS.A – Get Free Report) last issued its quarterly earnings data on Thursday, October 23rd. The company reported C$1.46 EPS for the quarter. Hammond Power Solutions had a net margin of 8.73% and a return on equity of 28.43%. The business had revenue of C$218.34 million during the quarter. As a group, equities research analysts predict that Hammond Power Solutions Inc. will post 7.4221267 EPS for the current year.

Hammond Power Solutions Company Profile

(Get Free Report)

Hammond Power Solutions Inc is engaged in designing and manufacturing of custom electrical magnetics, cast resin, custom liquid filled distribution and power transformers and standard electrical transformers, serving the electrical and electronic industries. The company has manufacturing plants in Canada, the United States, Mexico and India. The company operates in various geographical markets including Canada, the United States, Mexico, and India in which it derives majority revenue in the United States and Mexico.