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Power Solutions International (OTCMKTS:PSIX) Stock Passes Above 50-Day Moving Average - Here's What Happened

Power Solutions International logo with Auto/Tires/Trucks background

Power Solutions International, Inc. (OTCMKTS:PSIX - Get Free Report) passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $22.73 and traded as high as $33.45. Power Solutions International shares last traded at $32.73, with a volume of 139,717 shares trading hands.

Analysts Set New Price Targets

Separately, Craig Hallum increased 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.

Read Our Latest Research Report on Power Solutions International

Power Solutions International Trading Up 1.1 %

The stock's fifty day moving average is $22.73 and its two-hundred day moving average is $14.47. The firm has a market cap of $761.30 million, a P/E ratio of 13.87 and a beta of 0.92.

About Power Solutions International

(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.

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