Maxim Power (TSE:MXG) Share Price Crosses Above 50 Day Moving Average – Here’s What Happened

Maxim Power Corp. (TSE:MXGGet Free Report)’s stock price crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$4.12 and traded as high as C$4.20. Maxim Power shares last traded at C$4.19, with a volume of 3,078 shares.

Maxim Power Stock Performance

The stock has a market cap of C$269.62 million, a P/E ratio of 5.13, a PEG ratio of -4.32 and a beta of 0.86. The company has a debt-to-equity ratio of 25.03, a current ratio of 5.00 and a quick ratio of 4.35. The company has a fifty day moving average of C$4.12 and a 200 day moving average of C$4.97.

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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