Maxim Power (TSE:MXG) Shares Cross Above 50 Day Moving Average – What’s Next?

Maxim Power Corp. (TSE:MXG) shares crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$5.19 and traded as high as C$6.10. Maxim Power shares last traded at C$6.08, with a volume of 8,997 shares traded.

Maxim Power Stock Up 0.5 %

The stock has a market cap of C$307.65 million, a P/E ratio of 13.22, a PEG ratio of -4.32 and a beta of 0.86. The stock’s fifty day simple moving average is C$5.19 and its 200-day simple moving average is C$4.38. The company has a debt-to-equity ratio of 26.05, a current ratio of 4.44 and a quick ratio of 4.35.

Maxim Power (TSE:MXG) last posted its earnings results on Thursday, November 7th. The company reported C$0.18 EPS for the quarter. The firm had revenue of C$25.66 million during the quarter. Maxim Power had a net margin of 28.02% and a return on equity of 8.83%. On average, research analysts anticipate that Maxim Power Corp. will post 0.0712303 earnings per share for the current year.

Maxim Power Company Profile

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.