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

Maxim Power Corp. (TSE:MXG)’s stock price hit a new 52-week high during mid-day trading on Friday . The stock traded as high as C$5.40 and last traded at C$5.40, with a volume of 4027 shares changing hands. The stock had previously closed at C$5.30.

Maxim Power Price Performance

The firm has a market cap of C$273.24 million, a P/E ratio of 11.74, a P/E/G ratio of -4.32 and a beta of 0.86. The company has a fifty day moving average of C$4.82 and a 200-day moving average of C$4.25. The company has a debt-to-equity ratio of 26.05, a current ratio of 4.44 and a quick ratio of 4.35.

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

About Maxim Power

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.