Maxim Power (TSE:MXG) Sets New 52-Week High – Still a Buy?

Shares of Maxim Power Corp. (TSE:MXGGet Free Report) 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 traded. The stock had previously closed at C$5.08.

Maxim Power Stock Performance

The company has a current ratio of 4.44, a quick ratio of 4.35 and a debt-to-equity ratio of 26.05. The company has a 50-day moving average price of C$4.04 and a two-hundred day moving average price of C$4.06. The stock has a market capitalization of C$271.22 million, a P/E ratio of 11.04, a price-to-earnings-growth ratio of -4.32 and a beta of 0.86.

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

About Maxim Power

(Get Free Report)

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.

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