Hammond Power Solutions (OTCMKTS:HMDPF) Trading Down 0.7% – Should You Sell?

Hammond Power Solutions Inc. (OTCMKTS:HMDPFGet Free Report) traded down 0.7% during mid-day trading on Monday . The stock traded as low as C$88.09 and last traded at C$88.37. 1,509 shares changed hands during mid-day trading, a decline of 24% from the average session volume of 1,983 shares. The stock had previously closed at C$88.95.

Hammond Power Solutions Trading Down 0.7 %

The firm has a fifty day simple moving average of C$93.66 and a 200-day simple moving average of C$89.30.

Hammond Power Solutions Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, December 20th. Investors of record on Monday, December 16th were paid a dividend of $0.1955 per share. The ex-dividend date was Friday, December 13th. This represents a yield of 0.83%. Hammond Power Solutions’s dividend payout ratio is presently 58.97%.

Hammond Power Solutions Company Profile

(Get Free Report)

Hammond Power Solutions Inc, together with its subsidiaries, engages in the design, manufacture, and sale of various transformers in Canada, the United States, Mexico, and India. It offers custom electrical magnetics, cast resin, custom liquid filled distribution and power transformers, and standard electrical transformers to the electrical and electronic industries.

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