Maxim Power (TSE:MXG) Hits New 52-Week High – Here’s What Happened

Maxim Power Corp. (TSE:MXGGet Free Report) hit a new 52-week high on Friday . The company traded as high as C$5.10 and last traded at C$4.85, with a volume of 51353 shares. The stock had previously closed at C$4.41.

Maxim Power Price Performance

The business has a 50 day moving average price of C$3.94 and a two-hundred day moving average price of C$4.04. The stock has a market cap of C$251.48 million, a PE ratio of 9.59, a P/E/G ratio of -4.32 and a beta of 0.86. The company has a debt-to-equity ratio of 26.05, a quick ratio of 4.35 and a current ratio of 4.44.

Maxim Power (TSE:MXGGet Free Report) last announced its earnings results on Tuesday, August 6th. The company reported C$0.02 earnings per share for the quarter. Maxim Power had a return on equity of 8.83% and a net margin of 28.02%. The firm had revenue of C$17.01 million for the quarter. Research analysts expect that Maxim Power Corp. will post 0.0712303 earnings per share for the current fiscal year.

About Maxim Power

(Get Free Report)

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.

Featured Articles

Receive News & Ratings for Maxim Power Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Maxim Power and related companies with MarketBeat.com's FREE daily email newsletter.