Hammond Power Solutions Inc. (OTCMKTS:HMDPF – Get Free Report) was up 2.7% on Monday. The company traded as high as C$215.88 and last traded at C$213.38. 4,175 shares changed hands during trading, a decline of 53% from the average session volume of 8,927 shares. The stock had previously closed at C$207.68.
Analyst Ratings Changes
Separately, Raymond James Financial began coverage on Hammond Power Solutions in a research note on Tuesday, June 30th. They set an “outperform” rating on the stock. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has an average rating of “Buy”.
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Hammond Power Solutions Trading Down 1.7%
Hammond Power Solutions Company Profile
Hammond Power Solutions Inc is a Canada-based manufacturer of dry-type transformers, power-quality products and other electrical magnetics. Its products are designed to support the distribution, control and efficient use of electrical power in industrial, commercial and institutional applications.
The company’s product portfolio includes encapsulated and ventilated transformers, reactors, harmonic-mitigating transformers, autotransformers, buck-boost transformers and custom magnetic components.
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