Hammond Power Solutions (TSE:HPS.A) Price Target Lowered to C$148.00 at Acumen Capital

Hammond Power Solutions (TSE:HPS.A) had its target price reduced by Acumen Capital from C$160.00 to C$148.00 in a report published on Monday morning,BayStreet.CA reports. Acumen Capital currently has a buy rating on the stock.

Hammond Power Solutions Price Performance

HPS.A stock opened at C$85.38 on Monday. The company has a market capitalization of C$779.52 million, a P/E ratio of 15.41 and a beta of 0.84. The company has a fifty day moving average price of C$94.22 and a 200-day moving average price of C$118.46. 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 has a 52-week low of C$73.98 and a 52-week high of C$160.51.

Hammond Power Solutions Company Profile

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.