Power Solutions International, Inc. (OTCMKTS:PSIX - Get Free Report) shares passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $19.69 and traded as high as $22.41. Power Solutions International shares last traded at $18.60, with a volume of 529,074 shares changing hands.
Wall Street Analyst Weigh In
Separately, Craig Hallum increased their price target on Power Solutions International from $10.00 to $22.00 and gave the company a "buy" rating in a research note on Wednesday, August 14th.
View Our Latest Analysis on PSIX
Power Solutions International Stock Performance
The firm has a market capitalization of $491.97 million, a P/E ratio of 10.97 and a beta of 0.92. The firm has a 50 day moving average price of $19.81 and a two-hundred day moving average price of $11.21.
Power Solutions International (OTCMKTS:PSIX - Get Free Report) last issued its earnings results on Monday, August 12th. The company reported $0.72 EPS for the quarter, topping the consensus estimate of $0.36 by $0.36. The business had revenue of $110.59 million during the quarter. Power Solutions International had a return on equity of 1,360.71% and a net margin of 10.51%.
About Power Solutions International
(
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Power Solutions International, Inc designs, engineers, manufactures, markets, and sells engines and power systems in the United States, North America, the Pacific Rim, Europe, and internationally. The company offers engine blocks integrated with fuel system parts, as well as completely packaged power systems, that include combinations of front accessory drives, cooling systems, electronic systems, air intake systems, fuel systems, housings, power takeoff systems, exhaust systems, hydraulic systems, enclosures, brackets, hoses, tubes, packaging, telematics, and other assembled componentry.
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