Maxim Power (TSE:MXG) Share Price Passes Below 50 Day Moving Average – Should You Sell?

Maxim Power Corp. (TSE:MXGGet Free Report)’s share price crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$5.80 and traded as low as C$5.20. Maxim Power shares last traded at C$5.23, with a volume of 5,200 shares trading hands.

Maxim Power Stock Up 0.6 %

The company has a debt-to-equity ratio of 25.03, a current ratio of 5.00 and a quick ratio of 4.35. The stock has a market capitalization of C$336.55 million, a P/E ratio of 6.40, a P/E/G ratio of -4.32 and a beta of 0.86. The firm has a 50-day simple moving average of C$5.80 and a 200 day simple moving average of C$4.83.

About Maxim Power

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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.

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