Maxim Power (TSE:MXG) Hits New 52-Week High – Here’s What Happened

Maxim Power Corp. (TSE:MXG) shares hit a new 52-week high during trading on Friday . The stock traded as high as C$5.10 and last traded at C$4.85, with a volume of 51353 shares trading hands. The stock had previously closed at C$4.41.

Maxim Power Stock Performance

The company has a market capitalization of C$251.48 million, a price-to-earnings ratio of 9.59, a P/E/G ratio of -4.32 and a beta of 0.86. 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 company has a 50 day moving average price of C$3.94 and a 200 day moving average price of C$4.04.

Maxim Power (TSE:MXG) last released its quarterly earnings results on Tuesday, August 6th. The company reported C$0.02 earnings per share (EPS) for the quarter. The business had revenue of C$17.01 million during the quarter. Maxim Power had a return on equity of 8.83% and a net margin of 28.02%. Equities research analysts predict 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.