Maxim Power (TSE:MXG) Sets New 52-Week High – Still a Buy?

Maxim Power Corp. (TSE:MXG)’s stock price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as C$6.22 and last traded at C$6.12, with a volume of 12804 shares trading hands. The stock had previously closed at C$5.96.

Maxim Power Price Performance

The company has a market capitalization of C$307.65 million, a price-to-earnings ratio of 13.22, a PEG ratio of -4.32 and a beta of 0.86. The company has a current ratio of 4.44, a quick ratio of 4.35 and a debt-to-equity ratio of 26.05. The company’s 50 day simple moving average is C$5.04 and its 200-day simple moving average is C$4.33.

Maxim Power (TSE:MXG) last posted its quarterly earnings results on Thursday, November 7th. The company reported C$0.18 EPS for the quarter. Maxim Power had a return on equity of 8.83% and a net margin of 28.02%. The company had revenue of C$25.66 million during the quarter. On average, equities research analysts predict 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.