Power Solutions International, Inc. (OTCMKTS:PSIX - Get Free Report)'s stock price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $20.41 and traded as high as $24.29. Power Solutions International shares last traded at $22.58, with a volume of 97,871 shares traded.
Analyst Ratings Changes
Separately, Craig Hallum boosted their price objective on Power Solutions International from $10.00 to $22.00 and gave the stock a "buy" rating in a report on Wednesday, August 14th.
Get Our Latest Report on Power Solutions International
Power Solutions International Price Performance
The business has a 50 day simple moving average of $20.59 and a 200-day simple moving average of $12.13. The stock has a market capitalization of $490.48 million, a price-to-earnings ratio of 10.94 and a beta of 0.92.
Power Solutions International (OTCMKTS:PSIX - Get Free Report) last announced its quarterly earnings results on Monday, August 12th. The company reported $0.72 earnings per share for the quarter, beating analysts' consensus estimates of $0.36 by $0.36. Power Solutions International had a net margin of 10.51% and a return on equity of 1,360.71%. The firm had revenue of $110.59 million for the quarter.
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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