Maxim Power (TSE:MXG) Stock Price Passes Below 50-Day Moving Average – Should You Sell?

Shares of Maxim Power Corp. (TSE:MXGGet Free Report) passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$5.49 and traded as low as C$4.55. Maxim Power shares last traded at C$4.56, with a volume of 21,565 shares traded.

Maxim Power Stock Down 6.0 %

The company has a current ratio of 5.00, a quick ratio of 4.35 and a debt-to-equity ratio of 25.03. The company has a market capitalization of C$293.43 million, a price-to-earnings ratio of 5.58, a price-to-earnings-growth ratio of -4.32 and a beta of 0.86. The company has a 50-day moving average of C$5.49 and a 200-day moving average of C$4.94.

Maxim Power Company Profile

(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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