Maxim Power (TSE:MXG) Shares Pass Below 50 Day Moving Average – Should You Sell?

Maxim Power Corp. (TSE:MXGGet Free Report)’s stock price crossed below its fifty day moving average during trading on Monday . The stock has a fifty 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 trading hands.

Maxim Power Stock Performance

The company has a 50-day moving average of C$5.43 and a 200 day moving average of C$4.95. The firm has a market capitalization of C$292.79 million, a PE ratio of 5.57, a PEG ratio of -4.32 and a beta of 0.86. The company has a quick ratio of 4.35, a current ratio of 5.00 and a debt-to-equity ratio of 25.03.

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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