Maxim Power (TSE:MXG) Reaches New 1-Year High – Should You Buy?

Maxim Power Corp. (TSE:MXG) reached a new 52-week high on Thursday . The stock traded as high as C$5.38 and last traded at C$5.28, with a volume of 15075 shares changing hands. The stock had previously closed at C$5.08.

Maxim Power Trading Up 5.5 %

The company has a debt-to-equity ratio of 26.05, a quick ratio of 4.35 and a current ratio of 4.44. The business has a fifty day simple moving average of C$4.04 and a 200-day simple moving average of C$4.06. The firm has a market cap of C$271.22 million, a price-to-earnings ratio of 11.04, a PEG ratio of -4.32 and a beta of 0.86.

Maxim Power (TSE:MXG) last issued its quarterly earnings data on Thursday, November 7th. The company reported C$0.18 earnings per share for the quarter. The company had revenue of C$25.66 million for the quarter. Maxim Power had a net margin of 28.02% and a return on equity of 8.83%. As a group, equities analysts forecast that Maxim Power Corp. will post 0.0712303 earnings per share for the current fiscal 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.