Maxim Power (TSE:MXG) Share Price Passes Above Fifty Day Moving Average – Time to Sell?

Maxim Power Corp. (TSE:MXG)’s share price passed above its 50 day moving average during trading on Thursday . The stock has a 50 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 trading hands.

Maxim Power Price Performance

The stock has a market cap of C$305.62 million, a price-to-earnings ratio of 13.13, a PEG ratio of -4.32 and a beta of 0.86. The company has a 50 day simple moving average of C$5.19 and a 200-day simple moving average of C$4.38. The company has a quick ratio of 4.35, a current ratio of 4.44 and a debt-to-equity ratio of 26.05.

Maxim Power (TSE:MXG) last released its quarterly earnings data 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%. As a group, research analysts anticipate that Maxim Power Corp. will post 0.0712303 EPS for the current fiscal 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.