Hammond Power Solutions (TSE:HPS.A) Price Target Lowered to C$148.00 at Acumen Capital

Hammond Power Solutions (TSE:HPS.A) had its target price cut by Acumen Capital from C$160.00 to C$148.00 in a research note released on Monday morning,BayStreet.CA reports. They currently have a buy rating on the stock.

Hammond Power Solutions Stock Performance

Shares of HPS.A opened at C$89.39 on Monday. The company has a current ratio of 2.03, a quick ratio of 1.06 and a debt-to-equity ratio of 10.76. The firm’s fifty day simple moving average is C$95.40 and its two-hundred day simple moving average is C$118.82. Hammond Power Solutions has a 12 month low of C$73.98 and a 12 month high of C$160.51. The stock has a market capitalization of C$816.13 million, a P/E ratio of 16.14 and a beta of 0.84.

Hammond Power Solutions Company Profile

Hammond Power Solutions Inc is engaged in designing and manufacturing of custom electrical magnetics, cast resin, custom liquid filled distribution and power transformers and standard electrical transformers, serving the electrical and electronic industries. The company has manufacturing plants in Canada, the United States, Mexico and India.