Maxim Power (TSE:MXG) Shares Cross Below Fifty Day Moving Average – Here’s What Happened

Maxim Power Corp. (TSE:MXGGet Free Report)’s stock price crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$5.49 and traded as low as C$4.55. Maxim Power shares last traded at C$4.56, with a volume of 21,565 shares.

Maxim Power Stock Down 6.0 %

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 business’s fifty day moving average price is C$5.49 and its two-hundred day moving average price is C$4.94. The stock has a market capitalization of C$293.43 million, a PE ratio of 5.58, a price-to-earnings-growth ratio of -4.32 and a beta of 0.86.

Maxim Power Company Profile

(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.

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