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

Maxim Power Corp. (TSE:MXGGet Free Report) shares passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$5.76 and traded as low as C$5.69. Maxim Power shares last traded at C$5.72, with a volume of 5,973 shares trading hands.

Maxim Power Stock Performance

The firm has a market cap of C$368.08 million, a PE ratio of 7.00, a PEG ratio of -4.32 and a beta of 0.86. 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 firm’s 50 day simple moving average is C$5.76 and its 200 day simple moving average is C$4.76.

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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