Maxim Power (TSE:MXG) Shares Pass Above 50-Day Moving Average of $4.48

Shares of Maxim Power Corp. (TSE:MXG) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$4.48 and traded as high as C$4.50. Maxim Power shares last traded at C$4.47, with a volume of 2,300 shares trading hands.

Maxim Power Stock Up 0.9 %

The company has a debt-to-equity ratio of 27.31, a current ratio of 3.48 and a quick ratio of 4.35. The company has a 50-day moving average price of C$4.49 and a 200 day moving average price of C$4.43. The firm has a market capitalization of C$233.13 million, a PE ratio of 9.39, a P/E/G ratio of -4.32 and a beta of 0.88.

Maxim Power (TSE:MXG) last released its earnings results on Thursday, March 14th. The company reported C$0.32 EPS for the quarter. Maxim Power had a net margin of 68.25% and a return on equity of 9.99%. The firm had revenue of C$38.99 million for the quarter. Analysts forecast that Maxim Power Corp. will post 0.0852914 earnings per share for the current year.

About Maxim Power

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.