Maxim Power (TSE:MXG) Share Price Crosses Above Fifty Day Moving Average – Time to Sell?

Maxim Power Corp. (TSE:MXG) shares passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$4.43 and traded as high as C$4.50. Maxim Power shares last traded at C$4.43, with a volume of 10,967 shares traded.

Maxim Power Stock Down 0.4%

The company has a debt-to-equity ratio of 25.03, a quick ratio of 4.35 and a current ratio of 5.00. The company’s fifty day moving average price is C$4.43 and its 200-day moving average price is C$4.48. The stock has a market cap of C$281.93 million, a P/E ratio of 22.15, a price-to-earnings-growth ratio of -4.32 and a beta of 1.14.

Maxim Power Company Profile

Based in Calgary, Alberta, Maxim Power Corp. (‘MAXIM’) is one of Canada’s largest truly independent power producers. MAXIM is now focused entirely on power projects in Alberta. Its core asset – the 300 MW H.R. Milner Plant, M2, in Grande Cache, AB – is a state-of-the-art combined cycle gas-fired power plant that commissioned in Q4, 2023. MAXIM continues to explore additional development options in Alberta including its currently permitted gas-fired generation projects and the permitting of its wind power generation project.