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Power Solutions International (OTCMKTS:PSIX) Stock Price Crosses Above 50-Day Moving Average - Time to Sell?

Power Solutions International logo with Auto/Tires/Trucks background

Power Solutions International, Inc. (OTCMKTS:PSIX - Get Free Report) shares crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $31.05 and traded as high as $44.00. Power Solutions International shares last traded at $42.31, with a volume of 395,410 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Craig Hallum boosted their price objective on shares of Power Solutions International from $22.00 to $37.00 and gave the company a "buy" rating in a research note on Monday, November 11th.

View Our Latest Analysis on Power Solutions International

Power Solutions International Trading Down 0.6 %

The business's fifty day simple moving average is $31.53 and its 200-day simple moving average is $24.23. The firm has a market cap of $960.71 million, a P/E ratio of 17.70 and a beta of 0.99.

Power Solutions International (OTCMKTS:PSIX - Get Free Report) last released its quarterly earnings results on Thursday, November 7th. The company reported $0.75 EPS for the quarter. The business had revenue of $125.84 million during the quarter. Power Solutions International had a return on equity of 293.35% and a net margin of 12.46%.

Power Solutions International Company Profile

(Get Free Report)

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.

Further Reading

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