Maxim Power (TSE:MXG) Sets New 12-Month High – Still a Buy?

Maxim Power Corp. (TSE:MXG)’s stock price reached a new 52-week high on Friday . The stock traded as high as C$6.53 and last traded at C$6.38, with a volume of 28504 shares changing hands. The stock had previously closed at C$6.10.

Maxim Power Price Performance

The company has a debt-to-equity ratio of 26.05, a quick ratio of 4.35 and a current ratio of 4.44. The company’s 50 day moving average price is C$5.47 and its 200-day moving average price is C$4.52. The company has a market cap of C$323.84 million, a price-to-earnings ratio of 13.91, a PEG ratio of -4.32 and a beta of 0.86.

Maxim Power (TSE:MXG) last posted its quarterly earnings results on Thursday, November 7th. The company reported C$0.18 earnings per share (EPS) for the quarter. The company had revenue of C$25.66 million for the quarter. Maxim Power had a return on equity of 8.83% and a net margin of 28.02%. On average, equities research analysts forecast that Maxim Power Corp. will post 0.0712303 earnings per share for the current fiscal year.

Maxim Power Company Profile

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.